Hello anon, thanks for stopping by. Allow us to introduce ourselves.
We are the Non Fungible Alliance — not a traditional team, but a global collective of individuals coming together to collaborate and build. Our mission is to bring the entire Base NFT ecosystem together and make Base the top destination for everything NFT-related. We’re here to support digital artists, photographers, PFP collections, musicians, and more—creating a thriving community for all.
How Will We Do This?
The project will launch on daos.world, with an initial goal of raising 100 ETH.
Early supporters can purchase the NFA token through a whitelist system, where different tiers will determine how much each participant can buy.
Everyone on the whitelist gets the same token price, but some will have higher purchase limits.
If the whitelist round doesn’t sell out, we’ll open it up to the public.
More details on how to qualify for the whitelist will be announced soon.
What is the NFA Token?
We are so back. At its core, the NFA token is a meme coin but with some limited functionality. The NFA token is the governance token of our DAO. Holding this token gives members voting power to decide on important matters, like:
How to use DAO funds
What NFT projects to invest in
Which artists to spotlight
What collections to sweep
No member can vote on proposals without holding the token. All proposals will take place via Snapshot to ensure a decentralized and transparent governance process. Please note from the start, the DAO will establish bylaws that include poison pill mechanisms to safeguard against hostile takeovers.
In addition, The DAO’s holdings and any assets it acquires will be owned by token holders in proportion to their supply, meaning that in the event of a liquidation scenario, assets would be distributed accordingly. In essence the theoretical value of the token should equal the NAV of the art in the treasury but this is just pure speculation. Degens may think its worthless.
There will be a fixed supply of 888,888 tokens and a tax on all transactions. A portion of the transaction taxes will be used to buy and burn tokens (making it deflationary) and to grow the DAO’s treasury for future investments. Further information regarding taxes will be detailed in another post.
Please understand that buying the NFA token is extremely risky and subject to significant market price volatility. It is highly speculative and should be treated for entertainment purposes only. The DAO does not promise any expectation of profit. This is all an experiment.
How Will the DAO Use Its Funds?
The DAO’s funds will go toward growing and supporting the Base NFT ecosystem, including:
Buying undervalued NFTs from promising projects (e.g., TYBG, MIGGLES, No Punks, Onchain Gaias, RWOK, etc).
Supporting artists and creators—from up and coming musicians to digital artists—by purchasing their work.
Helping underprivileged creators who lack financial resources (e.g., funding drawing classes for an artist in a developing country, helping an onchain musician with their vocal classes, etc.
Onboarding new NFT artists and projects, featuring them on our main website—a hub for all things Base NFTs. This built-in marketing engine will give them significant exposure.
New projects can buy into the DAO through a membership fee to be featured on our platform, making it the go-to place for discovering on-chain creators. The DAO can then decide whether to add the fees to the treasury or burn tokens to increase scarcity. More information about membership fees will be addressed in a separate post.
Why This Matters?
This project has the potential to unite the entire Base ecosystem. By supporting and uplifting each other, we can show the world how powerful and connected the Base community truly is.
It’s a unique experiment where everyone benefits—a self-sustaining fund that keeps growing and unlocking new opportunities. All to benefit the Base ecosystem and all onchain creators.
Visit us on X: https://x.com/nfaonbase
Visit us on Farcaster: https://warpcast.com/nfaonbase
Launch March 2025
