YCS DAO, Rebrand of Yakuza Cats Society, Launches 4 Year Incentive Program
Minting 8930 unique Yakuza Cats for 0.0893 ETH each was the
genesis of YCS DAO. The project involves the unique concept of
characters from Japanese art encouraging users to role-playing
activity at an early stage, an unequivocal attraction for the NFT
community. Since its successful launch on September 30th, the
project has hit a number of milestones; YCS DAO has grown to a
prodigious DAO of 60K on Discord & 32.5K on Twitter.
The path from their roots to where they are now has been an
adventurous and audacious road. With an increasing number of NFT
projects and continuous minting, a rise in gas fees followed on the
Ethereum blockchain. To avoid the so-called gas war, the YCS DAO
decided to try a road less traveled: Dutch Auction.
In addition to the original Yakuza Cats NFT collection, YCS DAO
introduced and started executing on their publicly announced
post-sales roadmap. First, Genesis Yakuza Cat NFTs holders were
given 100 $DAMA token per day for a month. The initial incentive
was to hearten the early supporters and to confer the privilege of
voting in a DAO. Liquidity had been provided later in a Sushiswap
pool for users to trade $DAMA.
Shortly after, to stimulate expansion of the YCS ecosystem, YCS DAO
released the 2nd generation of their NFT: The Killer Cats. The
recruitment of the Killer Cats is available on the official
website, requiring two Genesis Yakuza Cat NFTs and $DAMA. All of
the $DAMA used during the recruitment is burned to maintain the
limited supply. Incorporating the Killer Cats into the Yakuza
family will be by eventually forming a background element of the
final spot on the roadmap, a Play2Earn game on metaverse.
With significant details of the YCS ecosystem configuration
revealed and voting available through $DAMA, YCS DAO utilized $DAMA
and achieved its first vote on November 12th. YCS DAO is
implementing the tokenomics incorporated with the new 4-year-long
incentive program where yakuza cats NFTs are staked to earn $DAMA;
Genesis Yakuza Cats will be earning 10 $DAMA a day while the Killer
Cats earn 5 $DAMA a day.
YCS DAO confirms that it will continue its future as a
Decentralized Autonomous Organization. The new tokenomics will be
used to incentivize the community, the core team, and investors.
All of which will ultimately strengthen the ecosystem. Metaverse
projects like Sandbox and Decentraland have been the front runners,
YCS DAO may be in line for the next big wave.
Ojiki, Marketing Manager, YCS DAO
SOURCE: YCS DAO
Source: YCS DAO
Copyright 2021 JCN Newswire . All rights reserved.