A non-fungible token is a unique and non-interchangeable unit of data stored on a digital ledger. NFTs can be used to represent easily-reproducible items such as photos, videos, audio, and other types of digital files as unique items, and use blockchain technology to establish a verified and public proof of ownership.
There are two types of memberships; the Collaborative membership and Intercontinental membership.
The Nexus DAO memberships will be available to mint via our website.
The number will partly be determined by the DAO, which will have a say in deciding the size and scope of the properties. We will be using the primary proceeds from the mint and any additional properties using the royalties from secondary sales as well as credit lines and future membership passes.
Each membership NFT will generate a set number of tokens, the amount depending upon which type it is. These tokens will cover the cost of booking nights.
Your membership to the DAO is valid for as long as you hold the NFT. Holders will be able to reserve nights using tokens, be a member of the DAO, have voting rights, be able to access IRL events and more..
NFT holders will login to our members portal where members can view available nights and select which property they would like to reserve. Reservations will be made on a first come first served basis. Once the tokens are transferred the property is reserved. Holders will then be prompted with a confirmation and provided instructions on how to access the property. Holders will be required to store a credit card on file for any incidentals (this is standard practice at any hotel / AirBNB).
No! Members will not be charged any additional fees to stay at a property. There are no monthly or yearly fees.