DAO
Last updated
Last updated
A Decentralized Autonomous Organization (DAO) is a revolutionary concept that empowers community members to collectively make decisions and govern the project. It operates on the principles of decentralization, transparency, and fairness, ensuring that no single entity or individual has absolute control over the project's direction.
The Cheeky Boys Association is committed to fostering a community-driven ecosystem where the voices of its participants are heard and valued. The DAO serves as the platform through which community members can actively contribute to the decision-making processes of the project.
Upon launch, our goal is begin attracting talent and leadership. Formulation of the DAO will naturally happen over time. The goal will be for the DAO to become the leadership associated in making all project decisions to help further decentralized CBA. The community will be able to vote on decisions that are set by the DAO. These votes will either consist of using CPRx tokens or CBA tokens (tbd). There will also be a minimum amount of CBA/CPRx required to be held in order to suggest DAO decisions. This amount is not yet disclosed.
15% of the total supply will get sent to the DAO address:
Possible DAO Functions coming soon.