Mechanics

  • Collectively the clan members will have access to an initial investment * (raised from the mint) to purchase NFTs from other Cardano projects - of their choosing.

  • Assets can equally be sold at any time with the capital used to either re-invest or paid out as profit at the end of the month.

  • Each Taurus is worth a share of o.3% of any profit ** (with an additional bonus) to those belonging to the clan which adds the most value.

  • Whilst we expect the whole community will wish to provide their insights - to provide a ‘starting structure’ it will be ultimately ‘the seat holders’ that have the casting votes. However as the project develops - each clan may develop their own structure ie voting systems and we will be happy to support this.

  • The aim is for this to be run by the community so that the buying & selling is quicker ideally this requires a complex native script which we hope to be built by AI DEV. Initially this process will be handled manually.

  • The investment portfolios can not run indefinitely so this drop will last a maximum of 12 months after which any remaining assets will be sold and the remaining ADA divided equally.

* Approx 25% of the mint price divided * * Profit made post admin fee of 5% - this is to help give back to mods and other running costs

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