Our community raises money through the sale of ATX Nouns and votes. The money raised is held in our community treasury, and we collectively decide how to spend it to further our mission.
Artists create ATX Nouns, and the community votes on their favorite art piece. ATX DAO artwork is original work and stored directly onchain (not IPFS). Every day, the community chooses the next ATX Noun to send to auction.
ATX Noun auction proceeds are split between the treasury and the artist behind each ATX Noun. Artists who have their art auctioned receive their split of proceeds in the form of ATX DAO Votes and ETH. The proportion of votes and ETH artists receive is configurable by ATX DAO.
ATX DAO Votes are a nontransferable token that tracks your contributions to ATX DAO. Votes can be purchased at any time, by anyone. The price of votes is determined by a continuous
VRGDA. On average, 1000 votes are sold every day.
All ATX Noun holders are members of ATX DAO. One ATX Noun is equal to 1,000 votes. The treasury is controlled exclusively by ATX Noun and ATX DAO Votes holders via governance.