Confetti 2.0 launched: Now anyone can create and manage NFT DAOs

On July 29, 2022, Confti 2.0 was launched Now, with NFT DAO creation and NFT part staking officially available to everyone, NFT projects and holders can empower their NFTs through DAOs. Also, all DAO members who share NFT parts can receive rewards and management rights in the NFT Vault. In 1.0, Confetti offered NFT crowdfunding and division tools, while the 2.0 version clearly focused on DAOs. Crowdfunding parties and NFT categories are now available as NFT DAO tools where DAO creators and members can jointly decide how and when to use them.

A DAO is a new type of social organization that incentivizes its members to participate in governance. It maximizes the role of collective power to achieve the goal. NFT DAOs are also similar. They manage and develop NFTs and discover their overall value using this new organization type. First, an NFT is stored in a collectively held DAO vault. Then, acting as an individual or project, DAO members jointly promote NFTs, reach a greater consensus in the market, and achieve globalization and branding with ease. Furthermore, a DAO itself gathers many members, has its own global traffic, and itself becomes a huge intangible resource. DAOs can collaborate with other DAOs or projects, e.g., performing resource exchanges. In order to help NFT DAOs further increase the level of governance and promote asset valuation, Confti 2.0 will continuously add more NFT tools for DAOs, including issuing NFTs, trading, and selling separate NFTs in the Vault, etc.

Confti is a decentralized NFT platform where users implement collective ownership and governance through DAOs. They are powered by NFT categories, crowdfunding parties, issues, trading and other derivative tools, opening up blue-chip NFTs to all users, not just those with high net worth. Now ordinary users can have a front row seat to their own NFT and Web3.

Website: www.confti.club

Twitter: twitter.com/Confti_

Discord: discord.gg/XEmGa8sNdW

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