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SHILL Issue 50

Solana ecosystem zine

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ecosystem. The DAO also plans to use it as a<br />

primary source of incentivization for our members.<br />

More details about the token to be unlocked in<br />

MonkeDAO Vision Part 2.<br />

The sales bot has been firing with multiple rare<br />

SMB NFTs being bought alongside the floor rising<br />

~<strong>50</strong>+ SOL.<br />

What is MonkeDao?<br />

MONKEDAO is a Decentralized Autonomous<br />

Organization that provides unparalleled value to<br />

its members and the Solana ecosystem through<br />

community-led projects, connections, and<br />

innovation. They formed a community around the<br />

Solana Monkey Business NFTs and represent<br />

the community holders. According to the Gitbook<br />

documentation, MonkeDao’s vision is to be the<br />

premier decentralized community of Web3 that<br />

expands beyond Solana. MonkeDao seeks to<br />

provide unparalleled value to its members and<br />

the Solana ecosystem through community-led<br />

projects, connections, and innovations.<br />

The Strength of MonkeDAO for SMB Holders<br />

In addition, MonkeDAO memberships and<br />

DAOPool deposits both surged recently with the<br />

sales of SMB NFTs. At the time of writing this<br />

article, more than 73800 SOL are staked in the<br />

DAO pool, worth about $6.69 million.<br />

There is no doubt that people are starting to<br />

realize the potential of communities, and with the<br />

Solana chain and MonkeDAO going forward, more<br />

people might be inspired to join.<br />

<strong>SHILL</strong> <strong>Issue</strong> #<strong>50</strong><br />

63

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