JTD DAO is a new decentralized technological vision where all business and education branches serving the film industry globally come together with Web3
⛓️ There is a constant change in our everyday lives with new concepts that come with web3. One of these concepts is the #DAO; a community that leads and governs itself!
Let's break down the steps of creating new #DAOs in the visual below ⤵️
"All of us, at certain moments of our lives, need to take advice and to receive help from other people."
-Alexis Carrel
If we want to achieve success, we must continue to build together. We're happy to see you among us on this journey! 🙌
👉 https://t.co/NVw2EwTxNh
📢 The JTD #DAO Dictionary Series gets underway!
🌟 Become familiar with the concepts of the DAO!
1️⃣ #governancetoken
A type of utility token known as a "governance token" is one that developers create to allow token holders to help shape the future of a protocol.
Hello movie lovers!
It’s time to watch a #movie 🎥
What movie are you planning to watch that will add excitement to your night? 👀
Share it with us in the comments! ⤵️
Liquidity
🔹 The more liquid (to be sold effortlessly) an asset is, the higher its price.
🔹 One of the features of NFTs with high liquidity is a high trading volume, easy-to-use trading platforms, and a well-developed secondary market.
⛓️ Non-fungible tokens #NFTs, are based on #blockchain technology and have unique identification codes and metadata that set them apart from each other.
What are the features that make these cryptographic assets special? ⤵️
Community
🔹 A #network effect is when the intrinsic value of a product or service increases as more people use it.
🔹 NFTs can also have a network effect, where the value of one NFT increases as more collectors buy and trade their unique pieces of artwork.
🌍 Service DAOs
Service DAOs look like online talent agencies that bring strangers from all over the world together to build products and services.
Some Projects in Service DAOs: @DXdao, @RaidGuild and @metaverseDAO.
A #DAO is an organization that is focused on a specific mission, and its members work in coordination according to a shared set of rules encoded on a #blockchain chains
Let's examine three different types of DAOs and their examples ⤵️
📄 Protocol DAOs
They are types of communities established to implement the protocol and financial changes. Tokens are used as voting criteria.
Some projects in Protocol DAOs: @Uniswap, @MakerDAO and @iearnfinance.
"Coming together is a beginning, staying together is progress, and working together is success."
-Henry Ford
If we want to achieve success, we must continue to build together. We're happy to see you among us on this journey! 🙌
Join us on Discord: https://t.co/NVw2Exb9bR 👈
So, what will JTD NFTs offer you? 👀
🎬 There will be many advantages for NFT holders and members of our community from the film industry. The NFTs will be your entry ticket to the DAO. You will have the opportunity to benefit from special offers and products!
#NFTs have revolutionized many areas, and one of them is the film industry for sure 🎦
Let's talk about the use of these non-fungible tokens in the film industry, their advantages, and how they can be used ⤵️
🌈 Privileges & Opportunities
⛓️ Some NFT collections offer unique privileges and opportunities to token holders such as visiting film sets, receiving invitations for screenings or attending special events.