DAO. Objective. Objectives. Shaping

The decentralised autonomous organisation is the main linking element of the Veezy ecosystem, which includes:

  • A DEX advertising platform;

  • Big Data Warehouse;

  • Analytics module;

  • API module.

The main purpose of DAO is to normalize the relationship between Participants (Sellers, Buyers) and Tokenholders. For this purpose, DAO solves the following tasks:

  • Defines the economic basis for the functioning of the DEX platform and other elements;

  • Implements the business development strategy, being the main subject of the agreements;

  • Implements the development roadmap by providing development teams with appropriate TORs, setting deadlines and assigning rewards for completed tasks.

DAO Veezy is shaped in several stages:

  • Preliminary stage - voluntary entry of founders, partners, initial contributors, and early testers;

IDO stage - entry of new participants through the purchase of tokens at market price:

  • Through a bounty campaign;

  • Through airdrop;

  • Through direct purchase and sale of Tokens;

  • The public DAO stage.

The allocation of Tokens to the stages is thus as follows:

Preliminary stage:

  • Bounty campaign: 30% of the bounty budget;

  • Airdrop: 20% of the airdrop budget; the rest according to the distribution % above.

  • IDO stage: bounty campaign: 40% of the bounty budget; airdrop: 30% of the airdrop budget; the rest according to the allocation % specified above.

  • Public DAO stage: bounty campaign: 30% of the bounty budget; airdrop: 50% of the airdrop budget; the rest according to the allocation % specified above.

Table of the bounty campaign (without detailing the stages):

StageTokens

Airdrop St. #02

30%

1 530 000,00

Bounty St. #02

40%

2 040 000,00

Bounty St. #03

30%

1 530 000,00

Table of the airdrop campaign (without detailing the stages):

StagePer.Tokens

Airdrop St. #01

20%

34 000,00

Airdrop St. #02

30%

51 000,00

Airdrop St. #03

50%

85 000,00

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