THE
LAO

SuspendedSoul DAO

Proposal Details

What Is Suspended Soul DAO & SOULx token?

Suspended Soul DAO is a decentralized worldwide NFT marketplace and SOULx token is it’s entrance to it. By acquiring SOULx, the holders will be able to make decisions on the platform and create a tailor-made experience for themselves.

SOULx is the native utility token that is used for:

  • Bringing both creators and collectors the chance of proposing and voting the platform's actualizations, making sure that it becomes a public asset that directly responds to their community members.
  • NFT Access Pass: Holders will be able to swap SOULx for NFTs that serve as access tickets for artistic and social events organized by Suspended SOUL foundation such as immersive art events, exclusive auctions, and access to virtual and physical galleries all around the world.
  • SOULx tokens can be used for tipping creatives. In this way, fans will be able to donate tokens as a means of compensating or rewarding their favorite creators.

    How Many SOULx Tokens Are There in Circulation?

    SOULx launched its mainnet on February 2022 with 235.000.000 SOULx tokens created at genesis, of which 40% will be destined to the Community treasury (94.0M $SOULx), 10% (23.5M $SOULx) to the IDO, 5% (11.8M $SOULx) to the Airdrop, 30 % (70.5 M $SOULx) to the Team and 15% (35.3M $SOULx) to the Seed investors.

After some period of time an airdrop will take place, with the main objective to reward those who had been most influential in the growth of the platform since the beginning, while also rewarding those who produced great artistic value and participated in the making and development of this project, including artists and collectors.

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