Mint Proceeds
Treasury Creation
Mint Proceeds
100% of the net* proceeds from minting the collection will be directed into the ALF Treasury. The Treasury will be governed by The ALF Core Team, until such time that a full-member DAO has been established.
*Net refers to total mint proceeds minus pre-sale and mint platform costs
In addition to the funds from mint, some ALF NFTs will go to the ALF Treasury. The treasury-owned NFTs will be used to drive value for the entire project and will benefit all holders.
Team Rewards
We believe that it’s important to the project’s success to align team member incentives to that of the project; hence, none of the mint proceeds will go to team member remuneration.
Instead, a small number of ALF NFTs will be reserved for the team and the Aephia Treasury.
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