$DOWN DAO (🪶,🪶(,🌿)) (@DownToken) header
$DOWN DAO (🪶,🪶(,🌿)) (@DownToken) profile picture

$DOWN DAO (🪶,🪶(,🌿))

@DownToken

Building "social tokens 2.0". Dogfooding along the way. A bespoke asset-backed ERC-20 as a creator's social 'currency'. by @xbrucethegoose https://xitter.cf/t.co/N57dyt7j7w

 ETH, Polygon, OP... so far.
hub.xyz/down
Joined May 2022
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  • Followers753
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Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)Photo by $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)
$DOWN is an NFT "shards" token, with an @EmblemVault as the underlying NFT asset; which, while escrowed, only allows deposits, and contains 10% of its' derivative token's supply and a growing collection of other NFTs and tokens. linksome.me/down app.zerion.io/0x00ac3006e20c…
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As we creep closer to being ready for a proper #IDO or #LGE (whichever you want to call it, its essentially the same) it'd probably be beneficial to mention that our incentives token is essentially a #memecoin, but one that offers #realyield, its called $APESYN (apes in)
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And it represents fractional shares of a basket of #NFTs that are either #BoredApe derivatives, or that were only acquirable due to owning a #BAYC, which was unfortunately stolen from @xbrucethegoose in May '22. RIP BAYC 8517
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🚀 As the crypto world gains legitimacy, we're thrilled to see #socialfi and #memecoin seasons flourish. Because we spent the bear market quietly brewing something REVOLUTIONARY. We've aced our goals for the experimental test phase of $DOWN; and gearing up for a proper launch
Image from $DOWN DAO (🪶,🪶(,🌿)) (@DownToken)
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The $DOWN ecosystem is a meticulously designed network of interconnected utilities, rewards, and exclusive benefits where utility creates demand, and participation funnels into a cycle of perpetual value growth, benefiting every member of the community. #Ecosystem #ValueGrowth
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And the endgame? Social Tokens 2.0: a launchpad, DIY deployment platform, and a community-driven incubator/accelerator program designed to equip creators with the tools, knowledge, and network that will enable social tokens to realize their true potential as a form of patronage.
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Considering #socialfi seems to be finding some solid traction; maybe its time to claw back $DOWN from the wide variety of incentives and rewards pools that were used for battle-testing and ideating the 'social tokens 2.0' prototype and surrounding ecosystem for a proper launch
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$DOWN Vault token is an ERC-20 with a 10,000,000 supply. The ERC20s represent proportional ownership of the full contents of an underlying @EmblemVault NFT; held in escrow by the token contract, making any function calls, withdrawals, transfers etc. impossible.
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Contrarily; all of the associated NFT's internal wallet addresses are displayed publicly for all to see (and donate to), ensuring that the value of the NFT's holdings, and therefore that of each token, can be increased by anyone with no barriers or restrictions.
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$DOWN DAO (🪶,🪶(,🌿)) retweeted
Rare Apepes (@RareApepesNFT) profile picture
Rare Apepes
@RareApepesNFT7 Aug 2023
🚨🐸 ZOMBIE PURGE EVENT INCOMING! 🚨🐸 Burn a Zombie Apepe & earn a special perk/unique trait for the Apepe Rebirth event taking place in the near future! Will you sacrifice for ultimate uniqueness, & enhance your #RareApepes to the next level? 🔥🧟‍♂️➡️🌟🐸 #ZombiePurge
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Logging and seeing the whole feed saturated with #PayPal launching a #stablecoin be like:
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If these aren't made, drawn, and deployed by an OG #trashart artist; I'm calling cultural appropriation.
walkingL 👍 (@___walkingL) profile picturewalkingL 👍@___walkingL21 Jul 2023
this type of art is going for .1 eth right now?? wild. is @garbagefriends the most undervalued NFT right now?
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