Vehicle DAO

Corn Mafia - Vehicle DAO

The vehicle DAO is different and more lively than Land DAO 1&2 as well as the Dome DAO. On the one hand it aims to collect a widespread collection of different vehicles (Javeling, Bubblejet, but also OG vehicles) while also aiming to have funds available for future mints.


The initial 400 Vehicle DAO Token has SOLD OUT

The DAO Token can soon be purchased on the Secondary Market


Activity Trading Pool

Yields exposed to:

  • Holders of the token will receive substantial ongoing loyalty rewards at regular intervals for continuing to hold the token.
  • The vehicle DAO holdings will be actively traded to increase overall number of assets held.


Benefits:

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  • The Corn Mafia Vehicle DAO NFT will be issued to verify participation.
  • Exclusive channels for token holders on the Corn Mafia DAO server.
  • Actively participate in the shaping of this and future DAOs via holder voting rights.
  • Ability to trade the Vehicle DAO NFT on secondary market.

 

A Corn Mafia Guild Administration fee of 10% of the profits will be deducted prior to monthly payouts and will be sent directly to the Corn Mafia Guild treasury for allocation to Corn Mafia Guild rewards and future Corn Mafia Guild projects.


Vehicle DAO Roadmap

Allocation strategy

Planned fund allocation

60% OG vehicles (both 2022 and 2023 edition);

20% old vehicles;

20% Set aside for regular vehicle.

  • Analyzing prior OG free mints showed a drastic and rather rapid increase in price within a short amount of time.
  • Through actively monitoring and utilizing market movements, the potential gains by selling OG vehicles will be used to increase the overall number of assets held by the DAO.
  • Ultimately it is the goal to increase number of assets over time without the need to raise additional funds.
  • Use OG vehicles to increase number of assets.

Overall strategy

  • Use OG vehicles to increase number of assets.
  • Participate actively in upcoming mints to get first mover advantage;
  • Actively trade holdings to increase number of assets held;
  • Lend vehicles to gamers for a fee;
  • Lend vehicles to Mafia racers for a share of the price pool (if prize pools will be available);
  • Lease transport vehicle to the Corn Mafia for a set price.
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