DAO Aggregator

DAOification and NFT Powers

Parami provides a common-well economic goal (advertising income) to transform Influencer-follower relationship into a DAO-based governance structure around Hyperlink NFT (EIP-5489) and NFT powers.

Influencers may issue NFT Powers (Fungible Tokens based on the ERC-20 Standard) from the Parami App.

• NFT Powers are governance tokens of the NFT meta data slots that can attach with Hyperlink NFTs (ad materials and destination URI).

• NFT Powers are also the utility tokens with which, advertisers can bid and pay for the NFT ad space. The paid NFT powers forms a Reward Pool which is distributed to audiences who viewed the ad.

• NFT Powers are split into 3 pools upon issuance:

  • Liquidity Pool: this is where advertisers purchase/swap using AD3 (Parami Protocol's utility token) or other Influencers' NFT Powers. Upon purchasing, the underlying NFT Power's price shall increase. The size of this pool is advised to be 1,000,000.

  • Investor Pool: Influencer can raise funds by selling the portion from this pool. The size of this pool is advised to be 1,000,000.

  • Reserved Pool: This portion is privately reserved for the owner (individual or organization). The size of this pool is advised to be 1,000,000.

Parami Protocol incentives both influencers and followers to form DAOs with a common economic goal - increasing the profitability of the NFT ad space. Hence tractions are aggregated enabling advertisers to reach the mass.

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