A platform that allows you to create guilds, clubs, or communities using NFTs, primarily on ETH and EVM compatible blockchains. They have developed a template solution for setting up a community where you can customize the parameters within the template.
This is undoubtedly very useful, but I believe one crucial aspect is missing here, and that is the legal registration of a project. Many projects tend to overlook this step, but it is likely to backfire in the future. This is because many tokenomics models projects come up with simply do not pass the Howey test.
The idea is great, and there will be a major need for people to collaborate. However, if any profits are generated, having a legal wrapper is also essential. Therefore, it's not an all-in-one solution for the problem, which is why I don't give it 5 stars but 4.
I love the idea and the fact that it's open-source and already being utilized by many projects. There are options for different revenue streams sharing, such as referrals link between members or a fee for using a smart contract developed by others that gives you your required functionality without the need to develop this yourself. Show Less
