Background
- For fund raising to group bid Noun NFT
- Back then, weren’t much option for the fund raising, and Jango reached out;
- They have plan to move their governance from just SHARK token to a dual token model (SHARK token + their NFT)
How can we improve juicebox for SharkDAO?
- Uncertainty with UI
- There are a few situations when members of sharkDAO didn’t understand elements on the UI, and keep asking them for clarification
- They didn’t see SHARK token in their metamask wallet and got confused, as they didn’t know it is staked automatically
- Utility with the token
- SHARK token currently is mainly used for governance voting, what it leads to is there are 2 groups of people: core advocates who brought a lot of SHARK token & a big amount of people only purchase a tiny amount of token to access SHARK’s community;
- there wasn’t really big incentive for people to buy more token as there aren’t much utility around it
- How might we help provide utility to tokens out of the box?
- Staking mechiansim
- Tier reward for certain token contributed
- NFT funding - which set a floor price
- Not enough ongoing support for communities
- Though sharkDAO is one of the earliest adopter, with time they are not sure what the latest features are and how can they fully utilise it;
- They could be benefit from redemption feature
- Will be good if we can have a quarterly catchup with big projects?