xCreative - Changing Royalties

Creating a DAO to manager royalties of NFT

Demo Video Source Code

Technologies

Ethereum

Solidity

IPFS

Truffle

Remix

Description

Creating a DAO to manager royalties of NFT, but also sharing part of the revenue with the buyers and sellers of the NFTs and the Community. Each NFT token can be wrapped to gain super powers, but also maintain the revenue stream to creators and artists. All sellers and buyers also provide part of the NFT value and also are part of the revenue stream. We call this chain of value. The community can participate in the DAO governance to the point that is allowed to the community to build a community portfolio of NFT and collect the revenue stream

How It's Made

Good old smart contracts and truffle as backend, front end is react, web3 and MetaMask. We use the Superfluid framework to give us the possibility of distributing the revenue between multi parties in one call. The design of the system is very agnostic about sellers markets. Creating a DAO to manager royalties of NFT, but also sharing part of the revenue with the buyers and sellers of the NFTs and the Community. Each NFT token can be wrapped to gain super powers, but also maintain the revenue stream to creators and artists. All sellers and buyers also provide part of the NFT value and also are part of the revenue stream. We call this chain of value. The community can participate in the DAO governance to the point that is allowed to the community to build a community portfolio of NFT and collect the revenue stream

Team

N Axe Mehul Soni
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