What is Microangel DAO?
Microangel DAO is a decentralized autonomous organization (DAO) with a mission to fund, acquire and operate web2 and web3 products, the resulting free cashflows of which are redistributed equally across all holders of the Microangel NFT, in a trust-less format.
The Microangel NFT is an access token powering membership into the DAO. Membership is expressed through voting power to agree, decline or abstain from any acquisition proposals within to the DAO.
In compensation of
Because the membership token is an ERC-721 NFT, it is a unique, non fungible representation of the membership and thus can freely be sold to a third party who would inherit both membership and dividend benefits.
The products acquired by the DAO are financed by the
Finally, because the nature of the DAO is to acquire businesses,
To power the
Importantly, the
Products acquisitions by the DAO are sourced and executed by the