What is ToshiDAO?
ToshiDAO is a decentralized autonomous organization that uses TOSHI as governance tokens, and is scheduled to launch fully by Q2 2021. TOSHI is used to vote on things such as game rebalancing and card minting hardcaps, as well as plan and organize fun events, giveaways, and tournaments. If you want to be involved in the ToshiDAO, you need to own TOSHI or LP NFTs and use them to vote on proposals.
Rewarding Participation
ToshiDAO is structured to incentivize participation by the community — not only in the DAO, but in Toshimon as a whole. As such, those who vote will be rewarded with monthly ToshiCoin airdrops. These airdrops will be distributed to participants based on the level of participation and the number of TOSHI used in the voting process.
ToshiDAO Fund
ToshiDAO will also have control over the ToshiDAO Fund. A percentage of the profits from card sales will be deposited into the ToshiDAO Fund. The ToshiDAO Fund will be under the full control of the ToshiDAO, and the funds can be directed to whatever the community decides. Some examples of potential use could be to fund a tournament with prizes, to fund a community-driven game idea, or to donate to charities.
More details will be released in future updates.
