YOU ARE INVITED TO JOIN THE $MAO DAO
Details inside.
July 2024
GMão!
We are the Community Takeover (CTO) team for $MAO
Together, we lead the first solana memecoin DAO to use bitcoin mining as a foundational business for generating yield, deflation (burning $MAO), and community activations
Led by a former business professor, RWA investor and bitcoin miner, $MAO is positioned to set a new meta and bring the first cat memecoin to a $1B mcap
THE $MAO STORY
A MEMECOIN WITH POTENTIAL:
$MAO on solana was launched on March 27, 2024 by a mysterious dev team. They paid callers, ran volume bots with their liquidity, and setup a big TG to make a 3-4 day run up to $1m+ mcap. After that, they drained that liquidity to move on to $ZAZU.
We watched as they sailed away, tanking the mcap down to $18k... Immediately, the community jumped into action, executing an official community takeover with the devs blessing. The dex listing, website and TG were ported over for re-launch.
One thing that everyone agreed upon was that the meme was dope, $MAO had vibes, and the community was willing to put in the time and come together as a team to make it happen
Then a unique opportunity emerged...
A META PROPOSITION:
Memecoins drive a $46.8BB industry* where the majority of the projects will fail because they depend on the meme to self perpetuate the content, community and experience needed to explode like the next $PEPE
Alternatively, bitcoin mining DAOs are employee-free, marketing-free, sustainable, cash flowing businesses that are extremely profitable and carry high multiples at scale.
Combining the two allows a community to come together and own a cash flowing asset that can give them more resources to allocate towards marketing, community giveaways, activations, and purchasing $MAO for the treasury to burn (deflation) and redistribute to stakers (yield).
The time to join is now...
$MAO ROADMAP
Phase I
Established $MAO DAO with founding Treasury/Members
Phase II
Launch Content creation program and raffle for staking options
Phase III
Finalize marketing budgets and deploy into DAO proposals
Phase IV
Team leads will schedule AMAs with KOLS
Phase V
$MAO Mine activated and DAO sets yield and deflation targets
Phase VI
Exclusive benefits confirmed for DAO members
Phase VII: Yield and burn mechanisms implemented
This phase focuses on implementing robust yield and burn mechanisms to manage token supply and value effectively.
Phase VIII: NFT artist competition and launch
A dedicated NFT artist competition will be launched, showcasing and promoting digital art within the community.
Phase IX: Bitcoin mine expansion and integration with RWA tokenized platform
Expansion of Bitcoin mining operations, seamlessly integrated with a real-world asset (RWA) tokenized platform.
HOW ARE $MAO, THE DAO, AND BITCOIN MINING RELATED?
DAO members pooled their $MAO into a Treasury that creates content, markets $MAO, and runs a bitcoin mine
$MAO Token
Like the common stock of an organization, wallet holders of $MAO will benefit from deflation/yield from the $MAO Mine and can vote, stake or exchange 888,888 $MAO for "preferred stock"
$MAO DAO
Like the "preferred stock" of an organization, the $MAO DAO Council sends their 888,888 $MAO into the treasury in exchange for Non-Fungible Council Tokens to represent collective ownership and control of the $MAO Mine Profits
$MAO Mine
Through an exclusive partnership with a leading pool, our own 18.8 PH/s of mining power will begin to acquire $MAO into the treasury with opportunities to burn, airdrop back to holders and also fund marketing and community activations
Flow: $MAO Token → $MAO DAO (Sent 888,888 $MAO to Treasury) → $MAO Mine ($MAO Mining Profits Grows Treasury) → $MAO Token ($MAO Acquired by Mining Operation)
The goal of the DAO is to grow the treasury and deploy miners, increasing cashflow, yield, and deflation for all $MAO
HOW DOES BITCOIN MINING CONNECT WITH $MAO?
COMBINING PROOF OF WORK AND INSTANT DEFI EXCHANGES
One of $MAO's unique partnerships is our "mining pool", where hashing power is applied to networks and rewarded in fees. Our pool operator uses an innovative model of mixing SHA256 and Scrypt mining into a volatility reducer, creating the lowest fees/highest outputs for miners and including an automatic conversion to other currencies including BTC, LTC, DOGE, ETH, DGB, CKB, KDA, DASH, KAS, and soon to be added: SOL and $MAO
When the SOL and $MAO conversions are activated this quarter, our mining farm will start mining its output 100% in $MAO (or 75% $MAO/25% SOL), growing our Treasury
As a DAO, we will also vote on the yield and burn rates for $MAO. This will both incentivize and reward DAO members and $MAO holders for being a part of our community and helping us grow
The DAO will continue to market $MAO and look for strategic opportunities to deploy growth/income of the Treasury into additional mining power. Additionally, $MAO will become available to all other miners in our pool 👀
WHY SHOULD I JOIN THE $MAO DAO?
Exclusive Community
A carefully curated group of the brightest minds in web3 passionate about meme innovation, sustainable business models, brand building, and decentralized organizations
How do I join?
  • Send multiples of 888,888 $MAO to the DAO treasury
  • Receive your Non Fungible Council Token for each multiple sent
Use of Treasury Funds
  • 25% for $MAO marketing, content and NFT artist
  • 50% to grow mining operations
  • 25% for company operations and reserves
Member Perks & Access
DAO Management & Governance
  • Learn to manage and run a DAO seamlessly and transparently through realms.today
  • Set the yield, burn and governance benefits for DAO members, $MAO stakers and the general $MAO community
  • Generate proposals for marketing by providing staking options to KOLs/marketers: options for the marketers to purchase $MAO from our treasury in the future IF the price has risen
  • Receive a unique NFT for members to represent their ownership in the DAO, governance and yield/distributions
Network & Community Access
  • Access to a network of business, DAO and crypto savvy KOLs
  • Community leadership status
Exclusive Benefits & Events
  • Fun physical and digital swag
  • Invitations to exclusive events
  • Exclusive benefits to be announced
Mining Access
  • Access to personal miners set up for DAO members