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DECISION-MAKING OVER NFT THROUGH
In NFT DAO, the initiator performs decentralized governance of the organization through DAO tools. Besides tools and trading, there are communication and collective decision-making.
Go to Parties on the Confti website and choose the NFT you wish to buy through crowdfunding.
Next, choose a party that meets your requirements and invest a certain ETH amount.
You successfully joined a party!
1. If the party you joined wins an NFT auction, you will get a certain number of fractionalized tokens of that NFT (we call them “parts”) according to your investment amount;
2. If the party you joined does not win an NFT auction, you won’t get NFT parts. You will be able to recover the ETH you invested in the party.
1. Fractionalization of NFT(s);
2. Trading of NFT parts;
3. Governance of fractionalized NFTs.
Market valuation of parts = the total supply of parts × the current market value of a part.
Market prices of parts are dynamically established in various liquidity pools.
2. You can buy parts in the secondary market.
2. You can determine the auction reserve price of the vault as per your share of the total number of parts.
3. You can use parts to provide liquidity in the secondary market and earn rewards for it.
4. You can get a share of the vault buyout amount as per your share of the total number of parts.