RugDAO represents the heart of the RugRadio decentralized structure.
The $RUG and $RDAO tokens are slow released over time. This means the DAO will grow slowly with them to ensure decentralization. A governance council will be created through a public election process. This council will represent the community for the first 6 months of the DAO.
The DAO is how the community hold long term ownership in the ecosystem. As the DAO grows bigger and more people join it, it will get more and more decentralized through time. We are putting 1,000 ETH into the RugDAO from the primary sales, in addition to 70% of ALL secondary sales profit.
A community DAO with a mixed NFP/FP structure custom built by SyndicateDAO to meet the needs of a large community offering.
SyndicateDAO is revolutionizing investing by changing how communities and capital work together through accessible, effortless, and social web3 technologies.
