NFT2040 Treasury
Potential uses of Treasury funds
As treasury funds will be denominated in AMMO, it will be in the best interest of the protocol to mobilize these funds thoughtfully and gradually. Treasury funds will unlock throughout the first 10 months following main launch.
Treasury Fund Potential Use Cases
Additional AMMO Liquidity provisions as needed
Team expansion, outsourcing, advisor fees
AMMO burns to reduce supply
Acquisition of NFT assets (avatars, metaverse land, etc)
Acquisition of reserve funds (stablecoins, ETH, etc)
Prize pools for tournaments and competitions
With a large allocation for the treasury (20% of max supply), it is likely that this token pool is subdivided up into different categories, with the DAO operating the treasury component. Other components would be specific to team expansion and/or project-specific initiatives (marketing, acquisition of team resources, etc). All funds spent from the 20% allocation will be publicly transparent and auditable, ensuring strategic use for the benefit of NFT2040 and the community at large.
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