FAQ

What is WinDAO?

The first DAO project in the world associated with NFT and Lottery. Like other DAO projects, WinDAO is aimed first and foremost at supporting the builders of the decentralized economy. It is an open platform for proposals that are voted upon by CROWN NFT holders. It is agnostic to chains and projects. WinDAO is the first DAO project combined with NFT, the difference is that DAO Treasury is owned and managed by NFT holders. All operations and project management are in everyone's hands, including all rewards and earnings. Creating fairness, equality and sustainability is WinDAO's mission. That's the most important thing we convey to everyone.

Who owns and controls the WinDAO treasury? Does the team use all DAO revenue and taxes?

CROWN NFT holders. We create the world's fairest econometrics and modeling, all collected into the DAO treasury by CROWN NFT holders only.

Where will the prize of the Lucky Ticket come from when all are winners?

Lucky Tickets Rewards received from Ecosystem Rewards. In addition to bonus withdrawals, Ecosystem Rewards will receive WDA tokens from CROWN Lucky. The DAO community will be the ones to change the reward ratio so that they are always in balance. Each participant contributes a very small part to the DAO treasury.

What other functions does CROWN have besides DAO management and voting?

CROWN is an extremely rare and powerful NFT, permanently limited to only 5000 NFT CROWN NFT has the function of increasing the Deposit bonus %, % reduction of tokens required to mine CROWN NFT. And only one action at a time. And each CROWN is a different work of art.

What is the value of CROWN NFT?

The value of the CROWN NFT depends on the DAO treasury, rarity to the limit, and popularity. We will do all we can to bring CROWN NFT to the top.

Where will the DAO Treasury revenue come from? What is the Proposal and Vote Process? What can holders suggest?

Read DAO Governance.

What is a DAO and why does WinDAO use this structure?

A DAO‌ is a decentralized autonomous organization, a structure used by many DeFi and crypto projects to govern their protocols. Decentralized — as there can be many CROWN NFT holders with no single party having unilateral control. Autonomous — as any action successfully voted in by the DAO can be automatically executed on-chain without an intermediary.

Why do we need to hold WDA tokens?

To receive CROWN NFT, people must participate in fair and engaging events. It takes a lot of WDA to be able to own CROWN NFT. WDA is also one of the key assets in the DAO Treasury. So the values ​​of WDA and CROWN NFT will always go together.

What are the ways to own CROWN NFT?

Mining CROWN, Lucky CROWN, Auction CROWN, SCEPTOR in exchange for CROWN and buy in WinMarket.

Permanently fixed for 5 years, only 2 CROWNs are minted per day through 2 events CROWN Lucky and CROWN Auction, total 3652 CROWN NFT.

There is also a 1000NFT limit of CROWN Mining and a 348NFT limit exchange SCEPTER to collect.

Where will the WDA tokens participating in CROWN Lucky go?

All will be carried over to Ecosystem Rewards. And a part of the participation fee is transferred to the DAO Treasury.

Where will the WDA and BNB tokens participating in the CROWN winner's auction go?

All will be transferred to DAO Treasury.

Is it guaranteed that all facts are fair?

Yes, it is all displayed on Smart Contracts and Blockchain so to be most objective, we are always allergic and will minimize the use of offchain. We always make sure everything is as open and transparent as possible.

Is it possible to buy and sell CROWN & SCEPTER NFT?

Yes, selling fee is 5% tax will be transferred to the treasury DAO.

First phase to ensure fairness for all and DAO Treasury, encouraging CROWN trading via WinMarket. If executed outside the system, your CROWN will be disabled for 30 days.

How to join WinDAO?

We are pleased to invite the entire community to collaborate: become community members, contributors, partners, token holders and CROWN NFT holders. Community members: People who do not own CROWN can participate in our forums and social networks and share ideas. CROWN token holders can accept good ideas for the best development of the project. With good ideas and execution we give thanks and rewards. Contributors: Individuals or groups that can help develop WinDAO protocols or work to arrange due diligence and token swaps with other projects and request funding from WinDAO. Partners: We welcome any DeFi, GameFI or CeFi project that may contribute to WinDAO or are willing to find a way to make our protocols work together. WDA token holders: WDA token holders can Stake to increase WDA and simply hold their WDA or participate in WinDAO activities to collect rare CROWN NFT. CROWN NFT Holders: CROWN NFT holders can recommend and vote on the direction of WinDAO and the use of WinDAO treasury assets.

Is WinDAO a registered organization?

WinDAO is not a registered company. We are a collection of WDA and NFT token holders who agree to be governed by a set of smart contracts on the blockchain.

How long is the life of the project?

Forever, but only 5000 chance to collect CROWN NFT.