WTF is ATX DAO

ATX DAO is a global, community-run organization that uses money raised by the community to fund open-source technology, art and public-works projects. ATX DAO positively impacts the world by funding ideas and fostering permissionless collaboration.

Ownership in ATX DAO is accessible to anyone. ATX DAO rewards creators, builders, and community participants with money and voting power, and the community builds out the ATX DAO vision, together.

Anyone can earn a living and decision making power in ATX DAO for their efforts.

How can I help?

There's a way for everyone to get involved with ATX DAO. Whether you're an artist, athlete, scientist, professional, academic, engineer, organizer, designer, content creator, educator, worker etc, ATX DAO funds people and projects of all sizes and domains.

If you're excited about ATX DAO, there's a place for you.

How does it work

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.

How is ATX DAO different from Nouns?

Ownership in ATX DAO is accessible to everyone, and available at any price point.

There are two ways to get voting power in ATX DAO:

The DAO is governed 50/50 by ATX Noun and ATX DAO Votes holders.

Vote sales are not exclusionary, but are accessible to all.

The ATX Noun daily auction puts up the top voted art piece as chosen by the community, and profits are split with the artist.

How is ATX DAO similar to Nouns?

ATX DAO is inspired by Nouns. 1 ATX Noun, every day, forever.

Many of the contracts are a fork of Nouns.

Like Nouns, ATX DAO is a community-run organization that uses money raised by the community to fund open-source technology, art and public-works projects.

ATX DAO committed at the protocol level to a targeted issuance of ATX DAO Votes every day through a VRGDA, and an auction of 1 ATX Noun every day, forever.

ATX DAO is CC0. No one owns the brand, and you can use it any way you want, without asking for permission from anyone.

last but not least,
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Why does it matter?

ATX DAO is important because it incentivizes anyone to help build a positive future for everyone. Instead of working for a corporation with a sole pursuit of profit, you can spend your time and energy growing community-led impact in the world that benefits the public.

ATX DAO empowers you to spend your time building for a better future.

What is our purpose?

Unite Austin's crypto communities. Enable local artists and businesses to participate in the crypto ecosystem. Educate the government about the benefits of Web3. Make Austin a better place for everyone, and have fun doing it.