BaconDAO BACONPrice $ 0.00029

BaconDAO community

• Private community gated by BACON token as membership.
• Discord bot receives and locks up set amount of BACON token every month and grants users membership
• Members have access to:
• Daily Bitcoin and Altcoin TA Trade ideas
• Private sale offers
• Altcoin gem picks in trending niches like BSC, NFT, Layer-2 and Solana
• Educational curriculum for crypto beginners
• 1-on-1 mentorship services

BaconDAO NFT Launchpad

• NFT based IDO launchpad
• Tokens are locked inside NFT tickets to be claimed according to vesting schedule
• Allows private sale investors to trade their locked tokens early, without diluting the usable token supply.
• Addresses the need of the secondary market on telegram for trading locked tokens P2P.
• NFT tickets with locked tokens can be traded just as any ERC-721 or ERC-1155 tokens, without needing an escrow.
• The trading of Private Sale Ticket NFTs may resolve at prices under or over the current market value of the locked tokens. This effectively acts as a futures derivative on the price of the tokens locked within the NFTs.

BACON Farm

• Stake Uniswap-LP tokens to receive BACON token reward

NFT Art Funds

• Deposit expensive pieces of NFT art and issue tokenized funds for the entire bundle.
• Shares cannot be changed post launch
• Any wallet with over 5% of token supply can trigger an on-chain auction lasting 2 weeks.
• Highest bid winners receive custodianship of the art bundle. They can can decide to unlock the bundle and withdraw the NFT assets
• Auction proceeds get distributed to Art fund shareholders pro-rata
• Community can Veto the bid by staking more than 25% of total share tokens.

NFT Generating ERC-20 tokens for holders

• NFTs can generate ERC-20 tokens per set number of blocks
• These ERC-20 tokens can be claimed by the NFT owner at any time
• ERC-20 tokens are used for specific features within the NFTs such as changing their names, and altering the color/position/state of the NFT art
• These NFTs can also represent DeFi investment products, where each investment can be traded. The tokens rewarded can also be part of the native ecosystem of the corresponding DeFi platform.