🎁KingKong DAO

Decentralized Autonomous Organization (DAO) is a digital organization that runs on blockchain technology. In this white paper, we will discuss the key points related to our DAO, including what it is, how it works, and how it will benefit token holders. Additionally, we will explore the rewards that NFT holders can receive.

What is DAO and how DAO works?

A DAO is a decentralized organization that operates on the blockchain. It is a community-driven organization that operates & involves contract interaction, and members make decisions through a voting process. A DAO is governed by its members, and all decisions are made through consensus.

In our DAO, we will have 8888 NFTs on the ETH chain. Whoever mints an AI NFT will become part of the DAO. Each member will have one vote and will be able to create and submit proposals for the DAO. In order to vote on a proposal, a member must hold at least one AI NFT. In order to submit a proposal you need to have KingKong Doge tokens in your wallet, and in order to vote on a proposal you should have atleast 1 AI NFT.

In our DAO, members will have the ability to create and submit proposals for the organization. There are three types of proposals in our DAO, discussed next.