Viking Hoard
Last updated
Last updated
The Viking Hoard is the name of our upcoming community investment fund.
The goal of the Viking Hoard is to provide Cyber Vikings and CT793 holders the opportunity to pool funds and investment expertise to maximize returns.
This is one of many value propositions offered by the Viking Squad CT793 and Cyber Vikings collections. Similar to RatsDAO and other investment groups, holders will receive most of the ADA spent on minting back in the form of fractional ownership of the Viking Hoard.
The Viking Hoard will initially be funded through the Cyber Vikings PFP mint. The real USD value of the Viking Hoard will depend on the price of ADA and the mint price (TBD).
Like the initial funds, royalties will be used for growing the Viking Hoard and developing the Viking Squad.
Royalties are set to 10% for the collection and will have the same royalty splits:
60% Viking Hoard
15% Development
25% Team
The Viking Hoard is a decentralized investment fund with the ultimate goal of becoming a proper DAO, utilizing the Cardano blockchain for governance.
Viking Squad members can submit proposals and vote on any aspect of the Hoard's operations:
Purchases
Strategy & allocation
Governance
The Viking Hoard will initially be operated through Discord with straightforward proposal forms and voting polls.
All verified Cyber Vikings and CT793 token holders will have access to the Viking Hoard but voting power and proposal benefits can vary depending on your community status.
$MYNT will be the primary governance token of the Viking Hoard. The goal is to prioritize $MYNT rewards to the most engaged, committed, and valuable holders so that decision-making power is concentrated among the most qualified individuals in the community.
In addition to $MYNT, certain tokens will give permanent voting power boosts to holders.
CT793 Members: $MYNT airdrop + reward boost
Ransackers: $MYNT airdrop + reward boost + voting boost
Konungur: $MYNT airdrop + reward boost + voting boost
Æsir: $MYNT airdrop + reward boost + voting boost
Bifröst: $MYNT airdrop + reward boost + voting boost
The exact airdrop, boost, and voting multipliers will be announced shortly prior to the Cyber Vikings mint.
