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The supply of $DUST will be capped at 33.3M tokens with halvening events stipulated at supply<br />
milestones. The token is trading currently on Raydium and Jupiter at around 2.85 $USDC.<br />
DeDAO: A Decentralized Monarchy<br />
DeDao, a decentralized autonomous organization, is the home to the community of verified DeGods<br />
misfits.<br />
“We are building on-chain elections for a group of elite DeMonarchs. They will have shared power<br />
over the DAO funds & get compensated by a % of the DeDAO royalties. But they will have to actually<br />
do shit... because the community will be able to vote them out at any time,” describes the website.<br />
Funded by marketplace fees, the DAO is responsible for all the decisions regarding the DeGods<br />
project.<br />
According to a March 19 tweet, the DeDAO treasury has already over <strong>50</strong>00 $SOL:<br />
“We’re going to get our biggest giga-brains together to figure out what to do with it. Should be nuts. We could do defi,<br />
acquire some small companies, subsidize merch for $DUST, all kinds of shit.”<br />
Community Above All<br />
DeGods has built a strong community since the very beginning. Even though the project never offered<br />
ground-breaking utility until now, it has been one of Solana’s most robust NFT projects since it<br />
launched.<br />
The team knows how to leverage cultural references and innovative marketing strategies to create a<br />
stylish and unconcerned vibe around this small yet very ambitious corner in the metaverse.<br />
“With vulgar language and a nonchalant attitude towards everything, paired with art that matches<br />
this sentiment with its eye-catching swagger, the holders feel they can identify with something special<br />
that stands out from the crowd,” shared MaskMafiaNFT in a Medium blog.<br />
Adding to a well-defined culture and vibrant community, the new utility brought by $DUST through<br />
staking and the expansion with DeadGods justifies that the project is entering the blue-chip stage.<br />
Nevertheless, the collection’s value is assigned by the holders and the market at large. To keep<br />
investors happy, the DeGods will need to keep innovating and adapting to the ever-changing Web3<br />
ecosystem.<br />
42<br />
<strong>SHILL</strong> <strong>Issue</strong> #<strong>50</strong>
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