SlideShare a Scribd company logo
IX. DAO
The first NFT DAO of the Nine Lives Lounge
LITEPAPER 3.0

Prepared for: NLL Community
Prepared by: HyerGlyphs™
12 / 30 / 21
NINE LIVES LOUNGE
(NOT INVESTMENT ADVICE. LITEPAPER MAY BE SUBJECT TO CHANGE)
1. Introducing the Cool Catz Master Key
The Cool Catz Master Key is a multi-purpose NFT that will be minted on the Ethereum
blockchain. This NFT is designed to simultaneously hold ownership, governance, and
community rights over IX. DAO and its assets.

Holders of Cool Catz Master Key(s) will be entitled to, but not limited to, the following 

[Tier 1] membership benefits of IX. DAO:

- Access to our private Discord channel and Lounge store;

- Ownership and management of the funds and assets in IX. DAO; 

- Discounts and early access to DAO mints and merch;

- AMA sessions with key members of the NLL community; 

- Access to incentive programs from the Unicly Protocol; and 

- Resources and insights on metaverse and marketplace developments.

The defining aspect of the Cool Catz Master Key is its ability to dual serve as an NFT and
smart contract wallet. This feature will allow for the Master Key NFT(s) to hold ERC-20
tokens. The NFTs will be coded to lock over 60% of the total DAO token supply (NINE
token) into their smart contracts, making them true ownership shards. 

The underlying tokens locked in the smart contract of the Master Key will never be available
for withdrawal. A future burn mechanism may be developed, eventually allowing members
to destroy their Cool Catz Master Key NFT(s) in exchange for the locked DAO tokens. This
measure is designed to maintain the DAO’s vision of establishing a collection of NFTs
governed by NFTs.

The Cool Catz Master Key will have a total supply fixed at 3,030 NFTs, and will be the only
Tier 1 NFT ever minted.

2. Genesis NFT Sale
During the launch of IX. DAO, the sale of the Cool Catz Master Key NFT(s) will be the only
DAO tokens available for initial purchase, except by DAO donation at a flat fee (limited
2
NINE LIVES LOUNGE
supply). 60% of the funds raised will be designated for purchasing NFTs. The remainder of
the proceeds will be allocated for the operating of the DAO, including 5% reserved for the
community treasury. 

The raised funds will be transferred to a multisig wallet that IX. DAO NFT holders will
manage and govern. This wallet will be controlled by six trusted individuals from the NLL
community. Their actions will be done to the best of their ability in full accordance with the
governing decisions made by IX. DAO NFT holders, including the acquisition and/or
disposal of NFTs. 

Two members of the operating team and one DAO advisor will each hold a signature.
Whether acting alone or in tandem, they will never gain full control over the wallet. The
other three signatures will be held by representatives of the NLL community, selected by
open nomination and DAO election. Only DAO NFT holders will be allowed to vote in these
elections. Any and all future changes to the signatories will require a governance proposal
subject to a DAO vote.

3. The Unicly Protocol & The NINE Token
Unicly is a decentralized, third-party protocol that allows for permissionless NFT
fractionalization. Users are allowed to create NFT collections and deposit any number of
NFTs (ERC-721 and/or ERC-1155) into it, locking them into a smart contract. The protocol
will create a personalized uToken (ERC-20) to represent and govern the collection, that can
be customized by name, ticker symbol, token supply, and percentage of tokens (minimum
threshold) needed to unlock the collection’s smart contract by vote. Collections whitelisted
by the Unicly team, will allow respective uToken holders to provide liquidity in exchange for
UNIC tokens—the Unicly Protocol governance token. A collection decides if and when to
supply their uTokens with liquidity to allow for trading.

NFTs purchased using IX. DAO funds will be transferred to a vault on the Unicly Protocol
and locked via smart contract. This NFT vault will be sharded and represented by the NINE
token (ticker: uNINE), our fungible ERC-20 DAO token. All holders of the uNINE token will
have algorithmic ownership over the IX. DAO NFT vault and control its unlocking. 

3
NINE LIVES LOUNGE
The NFTs locked within the vault can only be released if a 60% minimum threshold of the
total uNINE token supply votes to unlock the smart contract. Each uNINE token will receive
one vote. Voting to unlock the collection is done by staking uTokens on the protocol, and is
open to all token holders. 

Unicly allows third-parties to bid on NFTs within collections hosted on the platform. Users
will be able to make bids on IX. DAO NFTs, and uNINE holders can vote to accept the bid(s)
if deemed to be reasonable. Only a vote that passes the minimum threshold of 60% will be
approved by the protocol. If a vote to unlock the collection is successful, the highest bid
greater than $0 on any given NFT will be transferred to the bidder, and IX. DAO will lose
possession. Any NFTs with zero bids will remain locked within the smart contract. The
proceeds from an unlock will be distributed to uNINE holders equally by the smart contract. 

uNINE holders voting to unlock the collection while there are active bids would result in IX.
DAO losing its NFTs to the highest bidders. Such a decision would render the DAO useless
with no purpose to exist if all its NFTs are sold by an unlocking. 

The NINE token will have a total supply fixed at 999,999 tokens.

4. Governance and Membership
Although the NINE token both governs the DAO’s NFT collection on the Unicly protocol,
and represents ownership over all DAO assets, uNINE token holders will not be allowed to
vote on IX. DAO proposals outside of the Unicly Protocol. 

Governance for all DAO decisions (excluding unlocking the vault) will be made by IX. DAO
NFT holders on snapshot.org. This will include decisions regarding DAO funds and what
NFTs to purchase and transfer to the Unicly vault. uNINE token holders will only be able to
decide in the of selling NFTs already within the vault. 

The only NFT currently eligible for snapshot.org is the Cool Catz Master Key, which
provides a Tier 1 membership. Sometime after the DAO launches, IX. DAO will release a
NLL pfp that will function as Tier 2 NFTs. These avatar NFTs (Master Catz NFT) will grant
holders a Tier 2 membership to the DAO, allowing them governance and community rights. 

4
NINE LIVES LOUNGE
All Tier 1 and Tier 2 members will be given voting rights to proposals submitted on
snapshot.org, will only Tier 1 members will have the power to create proposals. uNINE
token holders will have a Tier 3 membership which will grant them full DAO access. Again,
the only voting done by uNINE holders will be on Unicly to unlock the vault.

As a sign of adoration and support to the larger NLL community, all official NBA Topshot
holders of the full Cool Cats set will be granted limited DAO access. They will primarily be
excluded from marketplace research and insights, and any DAO discounts. These are
reserved for IX. DAO token holders (ERC-721 or ERC-20) only. This limited access will be
granted as a Tier 3 membership upon verification of Cool Cats set ownership*.

5. Allocation & Tokenomics

60% of the total proceeds from the genesis sale will be earmarked for NFT purchasing. 

The total token supply of uNINE is fixed at 999,999 tokens, with 600,000 uNINE from the
supply being locked with the smart contract of the Cool Catz Master Key NFT. 

The remaining funds raised, as well as the remaining NINE tokens, will be allocated as
followed in the charts below:

5
NINE LIVES LOUNGE
DAO access
(Discord, store, events)
DAO ownership
(Unicly + Wallets)
DAO governance
(snapshot.org)
Master Key NFT

(Tier 1)
Avatar NFT

(Tier 2)
NINE Token

(Tier 3)
NLL Set Owner

(Tier 3*)
Use of Proceeds


6
NINE LIVES LOUNGE
Community Treasury
5%
Operations
10%
Artist/Dev
20%
NFT Purchasing
60%
Marketing
2%
Legal
3%
Token Distribution
6. Team, Council, and Advisors
IX. DAO will be facilitated by an Operating Team, selected initially by the DAO architect and
founder JustMac’n and any currently attached advisors. The Operating Team will execute
the actions decided by community governance votes, including everything from NFT
purchasing to releasing future projects. These team members will serve alongside the NLL
council in steering the direction of the DAO and fulfilling the roadmap. And like council
members, team members’ positions will likewise be subject to open nomination and DAO
election in the future. All members of the team will be expected to hold DAO ownership.

7
NINE LIVES LOUNGE
Security Audits
2%
General Sale
5%
Genesis Community
60%
Advisors
3%
Reserve
15%
Avatar NFT Staking
15%
The operating team positions will be as follows:

- DAO Lead — Creative Director and business strategist 

- Team Lead — Operations coordinator and project manager

- Lead Developer — Full stack and smart contract engineer

- NFT Buyer — Senior analyst and rarity specialist

- Community Lead — Manages community sentiment and marketing

The NLL council will consist of nine members selected from and by the community. They
will largely oversee the financial growth and future development of IX. DAO, as well as the
future of the NLL as a whole. Council members will be expected to hold DAO membership,
but ownership is not required. They will hold half of the six keys to the multisig wallet.

Advisors to IX. DAO will be individuals with experience and/or influence in the NFT and
Sports industries. A small percentage of the NINE token supply will be reserved to secure
advisors. All IX. DAO advisors will be required to hold DAO membership and ownership.
Advisors, as well as strategic partnerships, will be selected by the joint discretion of the
Operating Team and NLL council.





7. Legal
Details and terminology in this document are subject to change at any time. This document
should not be used for investment advice or recommendation of any technology mentioned
within. This Litepaper is for personal use and reference only, and should not be
redistributed, edited, updated or reattributed. 

(IX. DAO is a community project and is not affiliated with Dapper Labs or NBA Top Shot.)
8
NINE LIVES LOUNGE
JustMac’n

DAO Lead
BakraParty

Advisor

More Related Content

What's hot

Will non fungible tokens (nft) become popular
Will non fungible tokens (nft) become popularWill non fungible tokens (nft) become popular
Will non fungible tokens (nft) become popular
Brugusoftwaresolutions
 
Are Cryptocurrencies the Future Global Currency System?
Are Cryptocurrencies the Future Global Currency System?Are Cryptocurrencies the Future Global Currency System?
Are Cryptocurrencies the Future Global Currency System?
Finlaw Consultancy Pvt Ltd
 
AirTree Ventures Crypto 101
AirTree Ventures Crypto 101AirTree Ventures Crypto 101
AirTree Ventures Crypto 101
AirTree
 
The Ultimate NFT and Crypto Art Guidebook
The Ultimate NFT and Crypto Art GuidebookThe Ultimate NFT and Crypto Art Guidebook
The Ultimate NFT and Crypto Art Guidebook
OlgaBashchuk
 
Nft scenario in India
Nft scenario in India Nft scenario in India
Nft scenario in India
Finlaw Consultancy Pvt Ltd
 
Erc 721 tokens
Erc 721 tokensErc 721 tokens
Erc 721 tokens
Priyab Satoshi
 
What's the difference, fungible and not fungible tokens
What's the difference, fungible and not fungible tokensWhat's the difference, fungible and not fungible tokens
What's the difference, fungible and not fungible tokens
OliviaJune1
 
Understand Cross-Chain Swap Aggregator XY Finance in 5 mins
Understand Cross-Chain Swap Aggregator XY Finance in 5 minsUnderstand Cross-Chain Swap Aggregator XY Finance in 5 mins
Understand Cross-Chain Swap Aggregator XY Finance in 5 mins
associate14
 
A Comprehensive Guide on Tokenization - 101Blockchains
A Comprehensive Guide on Tokenization - 101BlockchainsA Comprehensive Guide on Tokenization - 101Blockchains
A Comprehensive Guide on Tokenization - 101Blockchains
JackSmith435850
 
Macola ICO Blockchain Presentation to SEC
Macola ICO Blockchain Presentation to SECMacola ICO Blockchain Presentation to SEC
Macola ICO Blockchain Presentation to SEC
Maco.la Management
 
How Smart Lawyers Handle Smart Contracts
How Smart Lawyers Handle Smart ContractsHow Smart Lawyers Handle Smart Contracts
How Smart Lawyers Handle Smart Contracts
Clio - Cloud-Based Legal Technology
 
Launch your own nft gaming platform development with brugu
Launch your own nft gaming platform development with bruguLaunch your own nft gaming platform development with brugu
Launch your own nft gaming platform development with brugu
Brugusoftwaresolutions
 
Digital Tokens: Accountability & Transparency Framework
Digital Tokens: Accountability & Transparency FrameworkDigital Tokens: Accountability & Transparency Framework
Digital Tokens: Accountability & Transparency Framework
Jordan Price
 
NFT
NFTNFT
Nft for beginners the perfect basic guide to learn everything about non fungi...
Nft for beginners the perfect basic guide to learn everything about non fungi...Nft for beginners the perfect basic guide to learn everything about non fungi...
Nft for beginners the perfect basic guide to learn everything about non fungi...
Paul Bossky
 
NFT and Digital Economic System
NFT and Digital Economic SystemNFT and Digital Economic System
NFT and Digital Economic System
Jongseung Kim
 
$Yfnft presale is live on 19th of this month!
$Yfnft presale is live on 19th of this month!$Yfnft presale is live on 19th of this month!
$Yfnft presale is live on 19th of this month!
Geneliawinget
 
The Art of non-fungible tokens
The Art of non-fungible tokensThe Art of non-fungible tokens
The Art of non-fungible tokens
Gene Leybzon
 
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchainWhy NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Blockchain Council
 
Non fungilble tokens and Blockchain Standards
Non fungilble tokens and Blockchain StandardsNon fungilble tokens and Blockchain Standards
Non fungilble tokens and Blockchain Standards
bobinson
 

What's hot (20)

Will non fungible tokens (nft) become popular
Will non fungible tokens (nft) become popularWill non fungible tokens (nft) become popular
Will non fungible tokens (nft) become popular
 
Are Cryptocurrencies the Future Global Currency System?
Are Cryptocurrencies the Future Global Currency System?Are Cryptocurrencies the Future Global Currency System?
Are Cryptocurrencies the Future Global Currency System?
 
AirTree Ventures Crypto 101
AirTree Ventures Crypto 101AirTree Ventures Crypto 101
AirTree Ventures Crypto 101
 
The Ultimate NFT and Crypto Art Guidebook
The Ultimate NFT and Crypto Art GuidebookThe Ultimate NFT and Crypto Art Guidebook
The Ultimate NFT and Crypto Art Guidebook
 
Nft scenario in India
Nft scenario in India Nft scenario in India
Nft scenario in India
 
Erc 721 tokens
Erc 721 tokensErc 721 tokens
Erc 721 tokens
 
What's the difference, fungible and not fungible tokens
What's the difference, fungible and not fungible tokensWhat's the difference, fungible and not fungible tokens
What's the difference, fungible and not fungible tokens
 
Understand Cross-Chain Swap Aggregator XY Finance in 5 mins
Understand Cross-Chain Swap Aggregator XY Finance in 5 minsUnderstand Cross-Chain Swap Aggregator XY Finance in 5 mins
Understand Cross-Chain Swap Aggregator XY Finance in 5 mins
 
A Comprehensive Guide on Tokenization - 101Blockchains
A Comprehensive Guide on Tokenization - 101BlockchainsA Comprehensive Guide on Tokenization - 101Blockchains
A Comprehensive Guide on Tokenization - 101Blockchains
 
Macola ICO Blockchain Presentation to SEC
Macola ICO Blockchain Presentation to SECMacola ICO Blockchain Presentation to SEC
Macola ICO Blockchain Presentation to SEC
 
How Smart Lawyers Handle Smart Contracts
How Smart Lawyers Handle Smart ContractsHow Smart Lawyers Handle Smart Contracts
How Smart Lawyers Handle Smart Contracts
 
Launch your own nft gaming platform development with brugu
Launch your own nft gaming platform development with bruguLaunch your own nft gaming platform development with brugu
Launch your own nft gaming platform development with brugu
 
Digital Tokens: Accountability & Transparency Framework
Digital Tokens: Accountability & Transparency FrameworkDigital Tokens: Accountability & Transparency Framework
Digital Tokens: Accountability & Transparency Framework
 
NFT
NFTNFT
NFT
 
Nft for beginners the perfect basic guide to learn everything about non fungi...
Nft for beginners the perfect basic guide to learn everything about non fungi...Nft for beginners the perfect basic guide to learn everything about non fungi...
Nft for beginners the perfect basic guide to learn everything about non fungi...
 
NFT and Digital Economic System
NFT and Digital Economic SystemNFT and Digital Economic System
NFT and Digital Economic System
 
$Yfnft presale is live on 19th of this month!
$Yfnft presale is live on 19th of this month!$Yfnft presale is live on 19th of this month!
$Yfnft presale is live on 19th of this month!
 
The Art of non-fungible tokens
The Art of non-fungible tokensThe Art of non-fungible tokens
The Art of non-fungible tokens
 
Why NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchainWhy NFTs has overtaken Defoe As the hottest trend in blockchain
Why NFTs has overtaken Defoe As the hottest trend in blockchain
 
Non fungilble tokens and Blockchain Standards
Non fungilble tokens and Blockchain StandardsNon fungilble tokens and Blockchain Standards
Non fungilble tokens and Blockchain Standards
 

Similar to NLL Litepaper

What are fractionalized NFTs and how do they work.pdf
What are fractionalized NFTs and how do they work.pdfWhat are fractionalized NFTs and how do they work.pdf
What are fractionalized NFTs and how do they work.pdf
Prolitus Technologies
 
Top 5 Metaverse Tokens To Watch
Top 5 Metaverse Tokens To WatchTop 5 Metaverse Tokens To Watch
Top 5 Metaverse Tokens To Watch
101 Blockchains
 
How NFT Works
How NFT WorksHow NFT Works
How NFT Works
101 Blockchains
 
Which Altcoin Can Make You Millionaire Now_.pdf
Which Altcoin Can Make You Millionaire Now_.pdfWhich Altcoin Can Make You Millionaire Now_.pdf
Which Altcoin Can Make You Millionaire Now_.pdf
YunusAdam1
 
Bancor review
Bancor reviewBancor review
Bancor review
incredibleden
 
nft.pptx
nft.pptxnft.pptx
nft.pptx
AswinKO2
 
NFT Platform.pdf
NFT Platform.pdfNFT Platform.pdf
NFT Platform.pdf
Nft Development Company
 
NFT_technical_guide.pdf
NFT_technical_guide.pdfNFT_technical_guide.pdf
NFT_technical_guide.pdf
ssuser9cf5ab
 
DAISY Protocol Whitepaper October 2021
DAISY Protocol Whitepaper October 2021DAISY Protocol Whitepaper October 2021
DAISY Protocol Whitepaper October 2021
FORTUNE FIVE COMMUNITY
 
Guidance on NFT Creation and Monetization Strategies!.pdf
Guidance on NFT Creation and Monetization Strategies!.pdfGuidance on NFT Creation and Monetization Strategies!.pdf
Guidance on NFT Creation and Monetization Strategies!.pdf
Shelly Megan
 
The 14 best marketplaces to buy & sell nf ts
The 14 best marketplaces to buy & sell nf tsThe 14 best marketplaces to buy & sell nf ts
The 14 best marketplaces to buy & sell nf ts
Moon Technolabs Pvt. Ltd.
 
Restribute ~ Wealth re-distirbution by blockchain hardfork ~
Restribute ~ Wealth re-distirbution by blockchain hardfork ~ Restribute ~ Wealth re-distirbution by blockchain hardfork ~
Restribute ~ Wealth re-distirbution by blockchain hardfork ~
Tomoaki Sato
 
Solana decentralized blockchain
Solana decentralized blockchainSolana decentralized blockchain
Solana decentralized blockchain
gerionezios
 
NFT Explained
NFT ExplainedNFT Explained
NFT Explained
101 Blockchains
 
Cryptochrome - Community Staking and Liquidity Mining Platform
Cryptochrome - Community Staking and Liquidity Mining PlatformCryptochrome - Community Staking and Liquidity Mining Platform
Cryptochrome - Community Staking and Liquidity Mining Platform
CHMOnline
 
How To Mint An NFT?
How To Mint An NFT?How To Mint An NFT?
How To Mint An NFT?
101 Blockchains
 
Develop NFT marketplace on Cardano blockchain.pdf
Develop NFT marketplace on Cardano blockchain.pdfDevelop NFT marketplace on Cardano blockchain.pdf
Develop NFT marketplace on Cardano blockchain.pdf
DhanaSekar189
 
The Non-Fungible Entertainment by Cosdec Alpha
The Non-Fungible Entertainment by Cosdec AlphaThe Non-Fungible Entertainment by Cosdec Alpha
The Non-Fungible Entertainment by Cosdec Alpha
Cosdec Alpha
 
Non Fungible Tokens (NFT) Yearly Report - 2018
Non Fungible Tokens (NFT) Yearly Report - 2018Non Fungible Tokens (NFT) Yearly Report - 2018
Non Fungible Tokens (NFT) Yearly Report - 2018
NonFungible.com
 
NON-FUNGIBLE TOKEN(nft).pptx
NON-FUNGIBLE TOKEN(nft).pptxNON-FUNGIBLE TOKEN(nft).pptx
NON-FUNGIBLE TOKEN(nft).pptx
iqbaalfozia565
 

Similar to NLL Litepaper (20)

What are fractionalized NFTs and how do they work.pdf
What are fractionalized NFTs and how do they work.pdfWhat are fractionalized NFTs and how do they work.pdf
What are fractionalized NFTs and how do they work.pdf
 
Top 5 Metaverse Tokens To Watch
Top 5 Metaverse Tokens To WatchTop 5 Metaverse Tokens To Watch
Top 5 Metaverse Tokens To Watch
 
How NFT Works
How NFT WorksHow NFT Works
How NFT Works
 
Which Altcoin Can Make You Millionaire Now_.pdf
Which Altcoin Can Make You Millionaire Now_.pdfWhich Altcoin Can Make You Millionaire Now_.pdf
Which Altcoin Can Make You Millionaire Now_.pdf
 
Bancor review
Bancor reviewBancor review
Bancor review
 
nft.pptx
nft.pptxnft.pptx
nft.pptx
 
NFT Platform.pdf
NFT Platform.pdfNFT Platform.pdf
NFT Platform.pdf
 
NFT_technical_guide.pdf
NFT_technical_guide.pdfNFT_technical_guide.pdf
NFT_technical_guide.pdf
 
DAISY Protocol Whitepaper October 2021
DAISY Protocol Whitepaper October 2021DAISY Protocol Whitepaper October 2021
DAISY Protocol Whitepaper October 2021
 
Guidance on NFT Creation and Monetization Strategies!.pdf
Guidance on NFT Creation and Monetization Strategies!.pdfGuidance on NFT Creation and Monetization Strategies!.pdf
Guidance on NFT Creation and Monetization Strategies!.pdf
 
The 14 best marketplaces to buy & sell nf ts
The 14 best marketplaces to buy & sell nf tsThe 14 best marketplaces to buy & sell nf ts
The 14 best marketplaces to buy & sell nf ts
 
Restribute ~ Wealth re-distirbution by blockchain hardfork ~
Restribute ~ Wealth re-distirbution by blockchain hardfork ~ Restribute ~ Wealth re-distirbution by blockchain hardfork ~
Restribute ~ Wealth re-distirbution by blockchain hardfork ~
 
Solana decentralized blockchain
Solana decentralized blockchainSolana decentralized blockchain
Solana decentralized blockchain
 
NFT Explained
NFT ExplainedNFT Explained
NFT Explained
 
Cryptochrome - Community Staking and Liquidity Mining Platform
Cryptochrome - Community Staking and Liquidity Mining PlatformCryptochrome - Community Staking and Liquidity Mining Platform
Cryptochrome - Community Staking and Liquidity Mining Platform
 
How To Mint An NFT?
How To Mint An NFT?How To Mint An NFT?
How To Mint An NFT?
 
Develop NFT marketplace on Cardano blockchain.pdf
Develop NFT marketplace on Cardano blockchain.pdfDevelop NFT marketplace on Cardano blockchain.pdf
Develop NFT marketplace on Cardano blockchain.pdf
 
The Non-Fungible Entertainment by Cosdec Alpha
The Non-Fungible Entertainment by Cosdec AlphaThe Non-Fungible Entertainment by Cosdec Alpha
The Non-Fungible Entertainment by Cosdec Alpha
 
Non Fungible Tokens (NFT) Yearly Report - 2018
Non Fungible Tokens (NFT) Yearly Report - 2018Non Fungible Tokens (NFT) Yearly Report - 2018
Non Fungible Tokens (NFT) Yearly Report - 2018
 
NON-FUNGIBLE TOKEN(nft).pptx
NON-FUNGIBLE TOKEN(nft).pptxNON-FUNGIBLE TOKEN(nft).pptx
NON-FUNGIBLE TOKEN(nft).pptx
 

Recently uploaded

足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
tuppermarvin593
 
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
vpqasyb
 
Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]
Commonwealth
 
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
brunasordi905
 
China's Investment Leader - Dr. Alyce SU
China's Investment Leader - Dr. Alyce SUChina's Investment Leader - Dr. Alyce SU
China's Investment Leader - Dr. Alyce SU
msthrill
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
yeuwffu
 
Singapore 2024 Event The Way Forward Slides
Singapore 2024 Event The Way Forward SlidesSingapore 2024 Event The Way Forward Slides
Singapore 2024 Event The Way Forward Slides
International Federation of Accountants
 
Call Girls Chennai 8824825030 Independent Call Girl Service Chennai
Call Girls Chennai 8824825030 Independent Call Girl Service ChennaiCall Girls Chennai 8824825030 Independent Call Girl Service Chennai
Call Girls Chennai 8824825030 Independent Call Girl Service Chennai
namratasinha41
 
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
Alexander Belyaev
 
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
Neil Day
 
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
nimaruinazawa258
 
What Lessons Can New Investors Learn from Newman Leech’s Success?
What Lessons Can New Investors Learn from Newman Leech’s Success?What Lessons Can New Investors Learn from Newman Leech’s Success?
What Lessons Can New Investors Learn from Newman Leech’s Success?
Newman Leech
 
5 Compelling Reasons to Invest in Cryptocurrency Now
5 Compelling Reasons to Invest in Cryptocurrency Now5 Compelling Reasons to Invest in Cryptocurrency Now
5 Compelling Reasons to Invest in Cryptocurrency Now
Daniel
 
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA MetricsPoonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
shruti1menon2
 
The-National-Commission-for-Culture-and-the-Arts.ppt
The-National-Commission-for-Culture-and-the-Arts.pptThe-National-Commission-for-Culture-and-the-Arts.ppt
The-National-Commission-for-Culture-and-the-Arts.ppt
rubensimborio1
 
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
Singapore 2024 Sustainability Reporting and Accountancy Education SlidesSingapore 2024 Sustainability Reporting and Accountancy Education Slides
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
International Federation of Accountants
 
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdfGUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
ProexportColombia1
 
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptxBudgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
 
Call Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
Call Girls Chennai 🎉 7339748667 🎉 With No Advance PaymentCall Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
Call Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
prijesh mathew
 
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
eeqcxun
 

Recently uploaded (20)

足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
足球博彩-足球博彩在哪个软件买球-足球博彩买球软件下载|【​网址​🎉ac55.net🎉​】
 
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
一比一原版宾夕法尼亚大学毕业证(UPenn毕业证书)学历如何办理
 
Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]Monthly Market Risk Update: June 2024 [SlideShare]
Monthly Market Risk Update: June 2024 [SlideShare]
 
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
欧洲杯投注-欧洲杯投注买球-欧洲杯投注买球网|【​网址​🎉ac22.net🎉​】
 
China's Investment Leader - Dr. Alyce SU
China's Investment Leader - Dr. Alyce SUChina's Investment Leader - Dr. Alyce SU
China's Investment Leader - Dr. Alyce SU
 
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
快速办理(RWTH毕业证书)德国亚琛工业大学毕业证录取通知书一模一样
 
Singapore 2024 Event The Way Forward Slides
Singapore 2024 Event The Way Forward SlidesSingapore 2024 Event The Way Forward Slides
Singapore 2024 Event The Way Forward Slides
 
Call Girls Chennai 8824825030 Independent Call Girl Service Chennai
Call Girls Chennai 8824825030 Independent Call Girl Service ChennaiCall Girls Chennai 8824825030 Independent Call Girl Service Chennai
Call Girls Chennai 8824825030 Independent Call Girl Service Chennai
 
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
Calculation of compliance cost: Veterinary and sanitary control of aquatic bi...
 
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
BIHC Briefing June 2024 from Bank+Insurance Hybrid Capital in association wit...
 
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
Tdasx: Interpreting the 2024 Cryptocurrency Market Funding Trends and Technol...
 
What Lessons Can New Investors Learn from Newman Leech’s Success?
What Lessons Can New Investors Learn from Newman Leech’s Success?What Lessons Can New Investors Learn from Newman Leech’s Success?
What Lessons Can New Investors Learn from Newman Leech’s Success?
 
5 Compelling Reasons to Invest in Cryptocurrency Now
5 Compelling Reasons to Invest in Cryptocurrency Now5 Compelling Reasons to Invest in Cryptocurrency Now
5 Compelling Reasons to Invest in Cryptocurrency Now
 
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA MetricsPoonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
Poonawalla Fincorp’s Strategy to Achieve Industry-Leading NPA Metrics
 
The-National-Commission-for-Culture-and-the-Arts.ppt
The-National-Commission-for-Culture-and-the-Arts.pptThe-National-Commission-for-Culture-and-the-Arts.ppt
The-National-Commission-for-Culture-and-the-Arts.ppt
 
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
Singapore 2024 Sustainability Reporting and Accountancy Education SlidesSingapore 2024 Sustainability Reporting and Accountancy Education Slides
Singapore 2024 Sustainability Reporting and Accountancy Education Slides
 
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdfGUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
GUIA_LEGAL_CHAPTER_2_FOREIGN EXCHANGE.pdf
 
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptxBudgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
Budgeting as a Control Tool in Govt Accounting in Nigeria Prof Oyedokun.pptx
 
Call Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
Call Girls Chennai 🎉 7339748667 🎉 With No Advance PaymentCall Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
Call Girls Chennai 🎉 7339748667 🎉 With No Advance Payment
 
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
一比一原版(leeds学位证书)英国利兹大学毕业证如何办理
 

NLL Litepaper

  • 1. IX. DAO The first NFT DAO of the Nine Lives Lounge LITEPAPER 3.0 Prepared for: NLL Community Prepared by: HyerGlyphs™ 12 / 30 / 21 NINE LIVES LOUNGE (NOT INVESTMENT ADVICE. LITEPAPER MAY BE SUBJECT TO CHANGE)
  • 2. 1. Introducing the Cool Catz Master Key The Cool Catz Master Key is a multi-purpose NFT that will be minted on the Ethereum blockchain. This NFT is designed to simultaneously hold ownership, governance, and community rights over IX. DAO and its assets. Holders of Cool Catz Master Key(s) will be entitled to, but not limited to, the following [Tier 1] membership benefits of IX. DAO: - Access to our private Discord channel and Lounge store; - Ownership and management of the funds and assets in IX. DAO; - Discounts and early access to DAO mints and merch; - AMA sessions with key members of the NLL community; - Access to incentive programs from the Unicly Protocol; and - Resources and insights on metaverse and marketplace developments. The defining aspect of the Cool Catz Master Key is its ability to dual serve as an NFT and smart contract wallet. This feature will allow for the Master Key NFT(s) to hold ERC-20 tokens. The NFTs will be coded to lock over 60% of the total DAO token supply (NINE token) into their smart contracts, making them true ownership shards. The underlying tokens locked in the smart contract of the Master Key will never be available for withdrawal. A future burn mechanism may be developed, eventually allowing members to destroy their Cool Catz Master Key NFT(s) in exchange for the locked DAO tokens. This measure is designed to maintain the DAO’s vision of establishing a collection of NFTs governed by NFTs. The Cool Catz Master Key will have a total supply fixed at 3,030 NFTs, and will be the only Tier 1 NFT ever minted.
 2. Genesis NFT Sale During the launch of IX. DAO, the sale of the Cool Catz Master Key NFT(s) will be the only DAO tokens available for initial purchase, except by DAO donation at a flat fee (limited 2 NINE LIVES LOUNGE
  • 3. supply). 60% of the funds raised will be designated for purchasing NFTs. The remainder of the proceeds will be allocated for the operating of the DAO, including 5% reserved for the community treasury. The raised funds will be transferred to a multisig wallet that IX. DAO NFT holders will manage and govern. This wallet will be controlled by six trusted individuals from the NLL community. Their actions will be done to the best of their ability in full accordance with the governing decisions made by IX. DAO NFT holders, including the acquisition and/or disposal of NFTs. Two members of the operating team and one DAO advisor will each hold a signature. Whether acting alone or in tandem, they will never gain full control over the wallet. The other three signatures will be held by representatives of the NLL community, selected by open nomination and DAO election. Only DAO NFT holders will be allowed to vote in these elections. Any and all future changes to the signatories will require a governance proposal subject to a DAO vote. 3. The Unicly Protocol & The NINE Token Unicly is a decentralized, third-party protocol that allows for permissionless NFT fractionalization. Users are allowed to create NFT collections and deposit any number of NFTs (ERC-721 and/or ERC-1155) into it, locking them into a smart contract. The protocol will create a personalized uToken (ERC-20) to represent and govern the collection, that can be customized by name, ticker symbol, token supply, and percentage of tokens (minimum threshold) needed to unlock the collection’s smart contract by vote. Collections whitelisted by the Unicly team, will allow respective uToken holders to provide liquidity in exchange for UNIC tokens—the Unicly Protocol governance token. A collection decides if and when to supply their uTokens with liquidity to allow for trading. NFTs purchased using IX. DAO funds will be transferred to a vault on the Unicly Protocol and locked via smart contract. This NFT vault will be sharded and represented by the NINE token (ticker: uNINE), our fungible ERC-20 DAO token. All holders of the uNINE token will have algorithmic ownership over the IX. DAO NFT vault and control its unlocking. 3 NINE LIVES LOUNGE
  • 4. The NFTs locked within the vault can only be released if a 60% minimum threshold of the total uNINE token supply votes to unlock the smart contract. Each uNINE token will receive one vote. Voting to unlock the collection is done by staking uTokens on the protocol, and is open to all token holders. Unicly allows third-parties to bid on NFTs within collections hosted on the platform. Users will be able to make bids on IX. DAO NFTs, and uNINE holders can vote to accept the bid(s) if deemed to be reasonable. Only a vote that passes the minimum threshold of 60% will be approved by the protocol. If a vote to unlock the collection is successful, the highest bid greater than $0 on any given NFT will be transferred to the bidder, and IX. DAO will lose possession. Any NFTs with zero bids will remain locked within the smart contract. The proceeds from an unlock will be distributed to uNINE holders equally by the smart contract. uNINE holders voting to unlock the collection while there are active bids would result in IX. DAO losing its NFTs to the highest bidders. Such a decision would render the DAO useless with no purpose to exist if all its NFTs are sold by an unlocking. The NINE token will have a total supply fixed at 999,999 tokens. 4. Governance and Membership Although the NINE token both governs the DAO’s NFT collection on the Unicly protocol, and represents ownership over all DAO assets, uNINE token holders will not be allowed to vote on IX. DAO proposals outside of the Unicly Protocol. Governance for all DAO decisions (excluding unlocking the vault) will be made by IX. DAO NFT holders on snapshot.org. This will include decisions regarding DAO funds and what NFTs to purchase and transfer to the Unicly vault. uNINE token holders will only be able to decide in the of selling NFTs already within the vault. The only NFT currently eligible for snapshot.org is the Cool Catz Master Key, which provides a Tier 1 membership. Sometime after the DAO launches, IX. DAO will release a NLL pfp that will function as Tier 2 NFTs. These avatar NFTs (Master Catz NFT) will grant holders a Tier 2 membership to the DAO, allowing them governance and community rights. 4 NINE LIVES LOUNGE
  • 5. All Tier 1 and Tier 2 members will be given voting rights to proposals submitted on snapshot.org, will only Tier 1 members will have the power to create proposals. uNINE token holders will have a Tier 3 membership which will grant them full DAO access. Again, the only voting done by uNINE holders will be on Unicly to unlock the vault. As a sign of adoration and support to the larger NLL community, all official NBA Topshot holders of the full Cool Cats set will be granted limited DAO access. They will primarily be excluded from marketplace research and insights, and any DAO discounts. These are reserved for IX. DAO token holders (ERC-721 or ERC-20) only. This limited access will be granted as a Tier 3 membership upon verification of Cool Cats set ownership*. 5. Allocation & Tokenomics 60% of the total proceeds from the genesis sale will be earmarked for NFT purchasing. The total token supply of uNINE is fixed at 999,999 tokens, with 600,000 uNINE from the supply being locked with the smart contract of the Cool Catz Master Key NFT. The remaining funds raised, as well as the remaining NINE tokens, will be allocated as followed in the charts below: 5 NINE LIVES LOUNGE DAO access (Discord, store, events) DAO ownership (Unicly + Wallets) DAO governance (snapshot.org) Master Key NFT (Tier 1) Avatar NFT (Tier 2) NINE Token (Tier 3) NLL Set Owner (Tier 3*)
  • 6. Use of Proceeds 
 6 NINE LIVES LOUNGE Community Treasury 5% Operations 10% Artist/Dev 20% NFT Purchasing 60% Marketing 2% Legal 3%
  • 7. Token Distribution 6. Team, Council, and Advisors IX. DAO will be facilitated by an Operating Team, selected initially by the DAO architect and founder JustMac’n and any currently attached advisors. The Operating Team will execute the actions decided by community governance votes, including everything from NFT purchasing to releasing future projects. These team members will serve alongside the NLL council in steering the direction of the DAO and fulfilling the roadmap. And like council members, team members’ positions will likewise be subject to open nomination and DAO election in the future. All members of the team will be expected to hold DAO ownership. 7 NINE LIVES LOUNGE Security Audits 2% General Sale 5% Genesis Community 60% Advisors 3% Reserve 15% Avatar NFT Staking 15%
  • 8. The operating team positions will be as follows: - DAO Lead — Creative Director and business strategist - Team Lead — Operations coordinator and project manager - Lead Developer — Full stack and smart contract engineer - NFT Buyer — Senior analyst and rarity specialist - Community Lead — Manages community sentiment and marketing The NLL council will consist of nine members selected from and by the community. They will largely oversee the financial growth and future development of IX. DAO, as well as the future of the NLL as a whole. Council members will be expected to hold DAO membership, but ownership is not required. They will hold half of the six keys to the multisig wallet. Advisors to IX. DAO will be individuals with experience and/or influence in the NFT and Sports industries. A small percentage of the NINE token supply will be reserved to secure advisors. All IX. DAO advisors will be required to hold DAO membership and ownership. Advisors, as well as strategic partnerships, will be selected by the joint discretion of the Operating Team and NLL council. 7. Legal Details and terminology in this document are subject to change at any time. This document should not be used for investment advice or recommendation of any technology mentioned within. This Litepaper is for personal use and reference only, and should not be redistributed, edited, updated or reattributed. (IX. DAO is a community project and is not affiliated with Dapper Labs or NBA Top Shot.) 8 NINE LIVES LOUNGE JustMac’n DAO Lead BakraParty Advisor