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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