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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.
