DAO

The Nuance DAO

In keeping with the ethos of decentralized governance, an SNS-based DAO is controlling Nuance via a utility token.

DAO tokens are distributed as follows:

• 30% is allocated directly to the Aikin Development Team. These vest on a 25-month schedule. Upon launch, 1/25th is minted directly into Aikin’s wallet, with an additional 1/25th unlocking every month for the following 24 months. This provides security for future development and a remuneration pathway for the seed investors. It also ensures that Aikin has a voice in governance without giving them total control of the DAO.

• 30% is sold to the community as part of the SNS launch. This enables immediate participation in platform governance. These are distributed immediately upon completion of the SNS sale, giving the community vastly more control over the Nuance DAO than the Aikin development team.

• The remaining 40% is distributed via faucet to reader accounts. Each reader account can have its balance topped up to 50 tokens on a weekly basis. These tokens are not fully featured—they are restricted. They can only be used to tip writers or purchase premium content. Once a writer is paid with a restricted token, the token can be freely transferred or used in governance.

The fee structure is governed by the community through the DAO, and changes may occur over time via successful proposals.