🎆Council NFT

DCAB Council NFT embodies our commitment to maintaining 'decentralization' through DAO Governance, fostering the growth of the DCAB ecosystem and delivering additional value to the DCAB community. As a member of the DCAB Council, you will join an exclusive cadre of 200 members who play a critical role in approving key actions within the DCAB ecosystem, including proposal voting and franchise evaluations. Membership grants access to a range of privileges on the DCAB Platform and within the DCAB Ecosystem, such as priority in staking rewards, access to treasury funds, and a variety of exclusive perks.

The introduction of DCAB NFT underscores our dedication to the utility of the DCAB token (decentralized ride-hailing fuel), signifying its promising future as a utility token and its continued importance in the DCAB ecosystem. DCAB NFT is a crucial component of the DCAB DAO Framework.

Why an NFT for Council Membership? NFTs enhance the realm of digital collectibles by offering tangible rewards and privileges, thereby imparting both economic and unique value. Unlike fungible tokens like the DCAB token, which lack a mechanism for proving unique ownership and fluctuate in value, NFTs solidify ownership in a distinct manner.

Purpose of the Council Collection: The launch of an NFT collection aims to ensure a fair initiation process, allowing community members to apply for DCAB Council membership. This involves a whitelisting phase where applicants justify their candidacy for a DCAB Council NFT. Successful candidates are then prioritized for NFT purchase before the general public, empowering the DCAB DAO in steering the ecosystem and facilitating community involvement in protocol governance.

The DCAB Council NFT carries distinct utility and importance for the growth of the DCAB ecosystem and the DAO, with DCAB token holders being eligible for voting, staking, and proposal submission within the Mother DAO.

Community Power: The DCAB Council, comprising 200 NFT-holding Council Members, was established to bring diverse perspectives to the DCAB platform and the broader NFT industry. As Council Members, individuals have the chance to influence the future direction of both DCAB and the NFT sector. The Council plays a pivotal role in ensuring active community participation in decision-making and policy formulation for the collective future.

The Council guarantees community input in the protocol's governance and prevents unilateral decision-making by the DCAB management team. Proposals require Council approval before community voting, ensuring a balanced evaluation of each proposal.

The Council's responsibilities include scrutinizing franchise applications, setting minimum staking requirements, and guiding franchise onboarding. With access to the DCAB Treasury, the Council can fund various initiatives within the ecosystem.

Council Capabilities:

• Setting strategic directions for the DCAB ecosystem

• Resource allocation for achieving ecosystem goals

• Overseeing DCAB operations

• Advising the DCAB community and guiding external interactions

• Managing DAO governance and initiating reforms

Utilities of DCAB Council NFT: The DCAB Council NFT Collection marks a pioneering step for decentralized ride-hailing services in the NFT space, representing a major milestone for both the NFT industry and the DCAB platform. With a total supply of 200, this collection is not just about ownership but significantly contributing to advancements in mobility. Council Members play an essential role in the unbiased growth of the DCAB ecosystem, starting with proposal evaluations for community voting.

Access and Benefits: Council Members gain priority in new staking pools, access to treasury fund allocations, and exclusive interactions with founders, alongside first-hand participation in DCAB events, supported by a dedicated community platform. They also enjoy benefits from franchise setup fees, promotional codes for rides, profile picture NFTs, future airdrops, and exclusive merchandise, enhancing their role and experience within the DCAB ecosystem.