There are totally 10,000 consensus planets in the unverse. Players can acquire sovereignty on the first 5,000 planets, with a moderate cost. The rest of the 5,000 planets are released strictly by the descision made by DAO.
There is a 5% royalty fee imposed on Planet transaction/trading. The royalty fee is managed by DAO treasury.
Consensus Planet NFT plays a vital role in the overal ecosystem of NFTWiki.online:
It is a unique NFT art work, generated by algorithm
Prove of identity on NFTWiki.online
Basic yields of NFTK token
Ownership of a number of illuminion NFT
Entry pass of future games and challenges (exploration, development and quests)
Prove of the DAO membership
Privilege of receiving airdrops and awards in future
The NFTWiki Decentralized Autonomous Organizaiton (DAO) consists of all planet owners. The project team transfers the ownership of DAO wallet to a formal multiSig wallet as soon as there are enough number of planet owners (greater than 1,000). Responsibilities of DAO include but not limited to:
Manage DAO treasury
Vote and manage the DAO committee, which consists of active and influrential DAO members (less than 50). DAO committee members control the actual multi-signature wallet of DAO
Manage Liquidity Farming and Staking programme
Conduct critical activities such as NFTK token burning etc.
Audit the daily NFTK token distribution ledger
Manage the royalty fee collected from Planet NFT tradings
Modify and review NFTWiki.online game rules and whitepaper
Any DAO member with no less than 3 planet NFTs can lodge proposal directly on snapshot.org, and DAO arranges members to vote;
Any DAO member with less than 3 planet NFTs can post proposal on discord ‘Proposal’ channel. And DAO starts the formal proposal process once there are enough number of supports by other DAO members on discord.