Communifty

Communifty

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Communifty is a DEX protocol that lets people create, buy and sell non-fungible token memberships that provide access to DAO communities
  • Market
    Pair
    Price
    Volume 24H
    24H (price)
    24H (volume)
  • Uniswap V2 (Ethereum)
    CNFT/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 one year ago
    $ 0.0372
    $ 2.574 K
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    -
  • Hoo.com
    CNFT/USDT 2 one year ago
    $ 0.0403
    $ 3.741 K
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    -
  • Sushiswap
    CNFT/0XC02AAA39B223FE8D0A0E5C4F27EAD9083C756CC2 2 one year ago
    $ 0.0430
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    -
    -
To be announced
Additional Details
Categories
Platform, Media

About Communifty

The community membership non-fungible token assets are bought and sold on a bonding curve and there are configurable royalty payments that can be sent to the DAO creator with each buy and sell transaction. Monetizing DAOs has been a challenge for community leaders in the crypto space, but Communifty is one of the first ways DAO creators can earn revenue from managing a community.Communifty is a DEX framework on Ethereum that allows any community creator to launch a membership NFT for their DAO community. The price can appreciate and depreciate according to a bonding curve, which is a predefined slope for how much each NFT should sell for based on the number of tokens bought. In addition, there’s a parameterizable royalty payment sent to the DAO creator with each NFT bought or sold. There is also a 5% Communifty fee on all trades that is used to buy back $CNFT tokens on the market. Also, if any NFT creator removes liquidity for their token, there is a 24 hour window between the onchain action and when liquidity is removed to prevent a rug pull event.

The NFTs on Communifty are compatible with OpenSea and can be used as an access pass into token-permissioned online spaces such as Telegram groups and onchain DAO governance.

Communifty Last News

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