Boss Beauties Announces The Launch Of A DAO

Boss Beauties NFT collection announced the launch of a Decentralized Autonomous Organization(DAO) bringing its huge community of over 5500 people together.

The Boss Beauties DAO would be to give every holder a voice in the future of the Boss Beauties and to decide on the fund-spending of the community wallet. Only Boss Beauty holders can vote from the wallet in which their NFT sits and each Boss Beauty one holds counts as one vote.

“We are excited to launch the BB DAO! This new community wallet with token-gated holder voting will add so much more utility and ownership to all Genesis BB Holders!”

So far, 50ETH had been added to the BB DAO Community wallet and an additional 5% of secondary sales proceeds would also be added to the wallet.

Founded by Lisa Mayer, Boss Beauties‘ 10k holders will further determine the outlay of these funds. The community will conclude whether to NFT artists by purchasing art to place in the DAO.

The community will also decide how the funds would be spent on IRL events and commodities.

Boss Beauties released its “Role Models” collection along with the NFT giveaway around Women’s Day to celebrate legendary women who made extraordinary contributions to society.

As the NFT community has onboarded advisors in Web3 and beyond and even though the core team will make the strategic decision, with the launch of a DAO all BB holders have the opportunity to participate in the important areas that affect the community including social causes that must be supported.

As the proposals are made, a team of moderators would elevate the proposal if there is enough support.

Voting can be carried out through a Snapshot website, a voting system popular in Web3 space.

All votes will be cast by the holders of the original 10k Boss Beauties collection regardless of if someone decides to join the community. However, the community will look forward to providing lower voting rights to all the future Boss Beauty Collections.

Boss Beauties’ first NFT collection sold out in 90 minutes and became the first collection featured on The New York Stock Exchange.

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