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2023
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TVL
The governance of the DAO will be in the hands of its members who will make decisions regarding the direction of the stories, distribution of rewards, and management of the platform using the one token, one vote model. This model ensures that each member's vote carries equal weight in the decision-making process. The NXT tokens will be used to reward readers for their participation on the platform, with a portion of the tokens distributed to users based on their activity level. Additionally, users can use the tokens to access exclusive content, premium features, level up their avatars and purchase in-game power-ups. Readers can access the content by paying a monthly subscription fee, with discounts on NXT tokens for those who wish to buy them. A non-subscription option is also available for those who only want to purchase NXT tokens. The goal of the Story Selection DAO is to incentivize engagement and ensure a broad and diverse member base. The proposed model may change based on community feedback and evolving market conditions.
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