What is SHI?
The DAO's primary objective is to merge education with entertainment by producing memes that offer insights into the crypto market. These memes feature six distinctive character personas, each representing different facets or roles within the crypto ecosystem. The DAO operates through a membership model, with token holders possessing ownership and voting power within the organization. Two membership tiers exist: public and private. Access to the private group, where deeper discussions and exclusive content are shared, is restricted to token holders owning more than 3% of the total token supply. This initial threshold of 3% ownership is set to accommodate the project's current market capitalization, ensuring inclusivity while maintaining an accessible entry point. As the project's market capitalization grows, the DAO intends to adjust this percentage accordingly, ensuring that participation remains open to all interested individuals without imposing undue financial constraints. Memes created by the DAO are aimed at critiquing various aspects of the crypto market, blending humor with educational content to engage and inform the audience.
- 5h ago
How does it work?
Token distribution within the DAO follows a transparent process, enabling anyone to become a member. Governance is facilitated through a voting mechanism, allowing token holders to participate in decision-making processes such as meme ideas, content creation, and other significant matters. Members propose meme concepts and collaborate on their development, with approved memes being shared across social media platforms to reach a wider audience. The private group provides an exclusive space for token holders with significant ownership to engage in deeper discussions, access exclusive content, and contribute to high-level decision-making. Additionally, the DAO establishes a safe (Treasury) at FShCz3jVQ3KScmwvvKiGG5xy9cjJvih27bMWYJEbKV85 to hold airdrops and rewards for marketing purposes, ensuring transparency and security in handling funds. The DAO actively interacts with the broader crypto community through public social media channels, encouraging participation and feedback to foster a vibrant community ecosystem.
- 2h ago