DAO STRUCTURE: Templates and Customization
Details on the different DAO types, customization options, and the deflationary model ensuring sustainability.
There are three types of DAOs that can be created on the platform.
Public Open to everyone who wishes to join and listed on the platform.
Private By invitation only via URL issued by the creator or members and is not listed on the platform.
1WP DAO Structure A public DAO that follows a preset number of members and NFT pricing structure.
All of the DAOs can be fully customized with the number of members / NFTs, costs and tiers, with the exception 1WP DAO structure. The One World Project team has developed a DAO model to help larger communities with creating a sustainable and inclusive financial system. These 1WP templated DAO’s membership will have a maximum capacity of 19,825 members
Membership is gained through purchasing an NFT available in 7 different pricing tiers. The NFT serves as the legal smart contract linking the community member, the treasury, and any derived rewards and incentives.
1WP structured DAO’s will use USDC for individuals to purchase their NFT membership which will fund the treasury wallet. Using the USDC stablecoin helps to ensure the stability of the wallet and easily transact with projects.
Creators who want to fully customize their DAO can let the software automatically adjust the weight and voting based on the number of members by the amount contributed or change it how they like.
Costs to create and operate a DAO
There is no monthly or on-going cost to use the service. All fees are paid on the initial purchase of the NFT.form.
80% of the sales go to the DAO and 20% is paid to 1WProject LTD
100% of ALL profits generated from projects in the Exchange go into the DAO treasury
There are no NFT royalties collected by either the DAO or 1WProject LTD
The Unique Deflationary Burn Mechanism for 1WPDAOs
1WP structured DAOs also have an innovative deflationary mechanism, implemented through the tier burn process, which strategically limits the supply of NFT tokens. The higher cost tier groups will receive a larger percentage of the community rewards in the beginning. Over time members in the lower tiers can purchase an additional NFT membership at their current level with USDC or with any rewarded 1WPcoin. Now having two membership NFTs, they can choose to merge them and receive the NFT into the next tier up. Thus members can through participation slowly move up overtime into the higher tiers
The tokenomic design is structured so that as this process occurs, lower tiers will eventually be eliminated and the system will find equilibrium with only the top tier remaining. All participants will eventually have equal percentage holdings, making it an equitable structure. The smart contracts ensure that funds are disbursed directly to the holders at a value equal to the tier that they hold.
In an ideal scenario, those who hold onto their memberships will be in a prime position to reap 100% of the rewards if others decide to sell. This setup provides a strong incentive for a forward-thinking, long-term perspective among members. However, there is flexibility built into the system, which allows DAOs with unsold NFTs to decide to continue to sell or burn them.
Rewarding Members for Participation
One World Project is offering 10,000 of the 1WPCoin it is launching to the first 10 1WP DAOs launched that reach over 1,000 members. They can use those coins to reward their members for participation as they interact in the community, participate in governance decisions, serve in leadership positions, or work on a project
There are three types of DAOs that can be created on the platform:
Public Open to everyone who wishes to join and listed on the platform.
Private By invitation only via a URL issued by the creator or members and is not listed on the platform.
1WP DAO Structure A public DAO that follows a preset number of members and NFT pricing structure.
Customization Options and 1WP DAO Details
All DAOs can be fully customized with the number of members/NFTs, costs, and tiers—except for the 1WP DAO Structure. The One World Project team has developed this DAO model to assist larger communities in creating a sustainable and inclusive financial system.
Membership Cap: 19,825 members maximum.
NFT Pricing Tiers: Membership is gained by purchasing an NFT available in 7 different pricing tiers. The NFT serves as the legal smart contract linking the community member, the treasury, and any derived rewards and incentives.
Treasury Funding: 1WP structured DAOs will use USDC for NFT membership purchases, ensuring wallet stability and ease of transactions.
DAO Costs and Revenue Distribution
No Monthly or Ongoing Fees: All fees are paid upfront during the initial NFT purchase.
80% of the sales go to the DAO.
20% is paid to 1WProject LTD.
Profits: 100% of all profits generated from projects in the Exchange go into the DAO treasury.
No NFT Royalties: Neither the DAO nor 1WProject LTD collects royalties.
Unique Deflationary Burn Mechanism for 1WP DAOs
1WP structured DAOs feature an innovative deflationary mechanism, implemented through the tier burn process, which strategically limits the supply of NFT tokens.
Higher-cost tier groups receive a larger percentage of the community rewards initially.
Members in lower tiers can purchase an additional NFT membership at their current level using USDC or rewarded 1WPcoin.
Merging NFTs: By holding two membership NFTs, members can merge them to move to the next tier up.
As this process continues:
Lower tiers will gradually be eliminated.
The system reaches equilibrium, with only the top tier remaining.
Participants eventually hold equal percentage holdings, ensuring equity.
The smart contracts ensure that funds are disbursed directly to the holders at a value equal to their tier.
Ideal Scenario: Members who retain their memberships will be in a prime position to reap 100% of the rewards if others decide to sell.
Flexibility: DAOs with unsold NFTs can choose to continue selling or burn them.
Rewarding Members for Participation
One World Project is offering 10,000 1WPCoin to the first 10 1WP DAOs launched that exceed 1,000 members. These coins can be used to reward members for:
Participation in the community.
Governance decisions.
Leadership roles.
Contributions to projects.
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