What is Plutocats?

Plutocats is an on-chain generative NFT project emphasizing social staking. It offers a unique membership model where ETH from NFT sales is allocated to a Reserve, accruing yield in Blast currency. Members can exit anytime, claiming their share of the Reserve. The project features dynamic pricing through a continuous Dutch auction, ensuring fair launch and distribution without pre-sales or founder allocations. Governance begins with a bootstrap contract transitioning to DAO, allowing members to vote on future proposals, emphasizing community ownership and direction.