Hi,
Here is my humble thoughts.
- We need both Citizen NFT & City DAO Token (let’s call it $CTD)
- Citizen NFT represent the Citizenship. If someone owns the Citizen NFT they are the citizen of City DAO
- One person can own as many Citizen NFT as possible, however, they have only one Citizenship and their vote is considered as one citizen only. A proof of human possibly is the solution. This aims to move beyond coin voting governance and avoid the dominance of whales.
- $CTD Token shall be used as a reward for Citizen NFT holders (25%), contributors (25%) and the rest is kept in City DAO Treasury.
- City DAO Treasury is a place to keep all revenue generated by City DAO via Citizen NFT Sales, reserved $CTD, revenues from future projects and so on.
- City DAO Citizen can vote to decide if they wish to generate a new batch of Citizen NFT to onboard new Citizens, how much per NFT, etc.
- New Citizen NFT shall be purchased by $CTD. We can consider to burn all OR part of the $CTD token via voting. This will increase the demand of $CTD as times go by.
- $CTD can be a mean to invest in City DAO. Currently, when someone one to invest in a city they need to buy houses, lands in the city. With $CTD, people can invest in City DAO without holding any houses, lands. This approach will allow more people to get involved in the development of City DAO, not just whales who are affordable to purchase land, houses.
- $CTD can also be used as a means of payment for all projects in City DAO, includes Taxes.
Would love to hear your thoughts.