🔤Use Case

Membership to DAO

Each Original NFT services as a membership to the Wolf Pack DAO. Members will be able to vote and participate in the discussion based on the direction of the project and members will receive incentive to participate.

Members will be able to make proposal in regards to the future and direction of the NFT there by putting the value of the NFT in the hands of each and every member.

Members of the DAO gets members value from the DAO vault.

Building an NFT Decentralized Autonomous Organization (DAO) involves integrating smart contracts for both the assets (NFTs) and the governance structure. This allows a community to collectively manage a treasury, vote on project direction, or share ownership of digital assets.

1. Define the Purpose and Strategy Mission: Determine if your DAO is for collective investment (Investment DAO), managing an existing collection (Collector DAO), or governing an NFT-based platform. Tokenomics: Establish how NFTs will grant voting rights. Common models include one-NFT-one-vote or weighting votes based on the rarity/attributes of the NFT. Legal Structure: Consider establishing a legal entity (e.g., a Marshall Islands DAO LLC or a non-profit) to provide a framework for real-world interactions.

2. Choose Your Tech Stack Select a blockchain and tools based on your budget and technical needs: Blockchain: Ethereum is the industry standard for security, while Polygon, Solana, and Base offer lower transaction fees. No-Code Platforms: Use all-in-one tools like Aragon, Tally, or XDAO to create a DAO without writing custom code. Developer Frameworks: For custom builds, use OpenZeppelin's Governor contracts or Foundry for smart contract testing.

3. Establish Governance and Treasury Voting Mechanism: Decide between on-chain voting (actions executed automatically by code) or off-chain voting via Snapshot to save on gas fees. Treasury Management: Set up a multi-signature wallet like Safe (formerly Gnosis Safe). This ensures no single person can move funds without a collective vote. Quorum & Thresholds: Define the minimum number of votes required for a proposal to pass and the minimum NFT holding needed to submit a proposal.

4. Build and Engage the Community Platform Setup: Create a central hub for discussion, typically Discord or Telegram. Access Control: Use tools like Collab.Land to verify NFT ownership and automatically grant specific roles or access to private governance channels.

Build / Rebuild Community

Membership to community, collaboration and token-gate access

Provide renewed interest in NFT community.

Introduce New Community Members

Holder Loyalty Rewards

Each member based on the status of the NFTs in the Nefarious Werewolf Collection will be able to gain rewards and percentages of the overall treasury. Of course this means each member must contribute to improve the value of the NFT.

Token Gating - using Collab.Land to provide access to community features for exclusive use.

Free Mint of Future NFTs

Staking - Shadow NFTs

We are looking at NFT staking also to generate revenue for our holders. We understand that in the past staking has put a bad taste in holder mouths, however we are a committed team and ownership of the NFTs will be in the hands of the holders to control and maintain the collection as the holders see fit. Shadow NFT's can be implemented as a reliable option so that NFT holders don't put their assets at risk. To implement a non-transferable (Soulbound) Shadow NFT, you override the transfer functions of the standard ERC-721 contract. This ensures the "shadow" stays locked to the wallet that verified ownership of the original asset.

// SPDX-License-Identifier: MIT
pragma solidity ^0.8.20;

import "@openzeppelin/contracts/token/ERC721/ERC721.sol";
import "@openzeppelin/contracts/access/Ownable.sol";

contract ShadowNFT is ERC721, Ownable {
    
    constructor() ERC721("ShadowAsset", "sNFT") Ownable(msg.sender) {}

    // Function to mint the Shadow NFT after verifying original ownership
    function mintShadow(address to, uint256 tokenId) external onlyOwner {
        _safeMint(to, tokenId);
    }

    /**
     * @dev Override transfer functions to make the NFT Soulbound.
     * Reverts on any attempt to transfer the token.
     */
    function _update(address to, uint256 tokenId, address auth) 
        internal 
        virtual 
        override 
        returns (address) 
    {
        address from = _ownerOf(tokenId);
        
        // Allow minting (from == address(0)) and burning (to == address(0))
        // Revert on any transfer between two active addresses
        if (from != address(0) && to != address(0)) {
            revert("ShadowNFT: Transfers are disabled (Soulbound)");
        }
        
        return super._update(to, tokenId, auth);
    }

    // Optional: Burn the shadow if the original NFT is sold on the hub chain
    function burnShadow(uint256 tokenId) external onlyOwner {
        _burn(tokenId);
    }
}

Increase Engagement

Providing games, activities and collaborations to attract holders, investors and even spectators

Add Utility

Phygital goods, metaverse display

Phygital goods - Blending physical and digital experiences, combining the tangible aspects of the physical world with the interactive and convenient features of the digital world to create a unique, seamless user experience.

Building Out Vault

Crowdsourced revenue and contribute to financial portfolio with access to advice from experienced NFT investors.

All members share ownership of vault

Leverage funding to purchase Bluechip NFTs have access to multipe NFT resources

NFT, Crypto, Assets in vault can build revenue overtime through staking and reinvesting into market, invest into a resources tied to wallet.