• The “DAO” or “Decentralized Autonomous Organization” is a fancy way of describing our Clans.
  • Each Clan is a DAO: Necromancer DAO, Elemental DAO, Architect DAO, Divine DAO.
  • Each Wizard NFT is automatically put into a DAO based on it’s traits. This can be identified in many ways including it’s clothes, background, prop etc.
  • Upon launch of the DAO’s we will be allocating 7% of our total mint revenue to the DAO’s based on each of their NFT’s “Floor Price” (cheapest price)
  • The Clan with the highest floor price will be given the most funding and the second highest a bit less etc.
  • You can communicate with your DAO in the provided DAO channels found in the Warsome Wizards Discord
  • In these channels, members will elect a single DAO member to run polls
  • The polls should be used to decide how your DAO will be spending their DAO funds.
  • There are many methods to do this but the money should be used to promote the secondary market of your clans wizards
  • “Sweeping the floor” (Buying all the cheapest nft’s of your clan) is a common practice to raise the value of your DAO’s NFTs. BUT many methods are used!
  • (more info on whitepaper!)