Supernovas DAO token will be publicly auctioned as part of the first featured cohort of DAO’s to launch on the DAO,DAO platform on Wednesday, June 1st. The auction will start at $0.08 per Supernovas token with the price increasing by 0.25% for every $10k invested. The Token auction will last until the investment target is reached.
Auction participants can also earn Referral Rewards by sharing their unique referral invite link, and earning 5% of contributions made through the referral link.
Supernovas DAO is a new Web3 venture combining decentralized Social Media and NFT marketplace, with beautiful UI/UX to enable wider mainstream adoption of Web3 and leverage the benefits of NFT + Social functions. Supernovas will operate as a DAO to engage, activate, and reward the community to create the best place for creative activity.
Supernovas combines a decentralized social media network with a multi-chain NFT marketplace to offer the ultimate NFT platform for creators and collectors – with discovery and distribution baked right into the platform, and built to scale up to 1 billion users.
Supernovas leverages the complementary services of NFT marketplaces, decentralized social, DAOs, and eventually DeFi, in a differentiated and unique way with no established precedence. All of these markets are experiencing massive growth simultaneously. As the markets grow, clear problems in the existing marketplaces are beginning to emerge.
There are multiple factors hindering healthier ecosystems and mainstream adoption in current NFT marketplaces. High gas fees, accommodation of large files, lacking customized discovery, poor UX, scalable user verification, no social functionality, and lack of real decentralization and transparency are among the issues Supernovas is out to solve.