Acronym DAO

A DAO that buys NFT for bulk prices and sells them to its members for these prices. Also offering members loans on their blue chip Cardano NFTs.

Acronym DAO shares a Discord with Lending Pond and their membership NFTs are verified on the paltform and can be lent through it.

Then eventual plan is to have seven "Tribes" in the DAO, each with it's own NFT collection, who votes will be counted like the political system in the USA i.e. members of a Tribe vote to determine the Tribes's overall decision. Then all seven Tribes votes are counted to find out the communities decision.

NFT Collateral Loans

Member of Acronym DAO can deposit their blue chip Cardano NFTs into the DAOs vault and receive a loan for up to 60% of the NFTs value from the DAOs treasury.

Bulk NFT Purchases

A portion of the DAOs funds are set aside to buy NFTs in bulk at discounted prices. Then selling them to members for the bulk price.

Fractionalized NFTs

The whitepaper says the DAO will take advantage of Fractionalized NFTs however the details of how they will be used or which NFTs will be fractionalized is not stated.

Industry

Community & Learning

Club

Tags

NFT

DAO

NFT Collections

Loan

NFT Collateral

Author

builtoncardano

Viewpoints

Links

Project Website

Glossary

NFT

If you’re looking for a Cardano NFT then you’ve found the place for you! listed here are all the projects that feature NFTs in some form on Cardano. NFTs are no longer just the PFP collections that made them famous, although many do still exists and you can find Cardano NFT projects here, NFTs are assets with multiple different types of utility, depending on which project’s NFTs your buying.

A Cardano NFT is a native asset on Cardano which means that, unlike on other (specifically EVM-based) chains, an NFT is not managed by a smart contract, meaning that it behaves and is managed differently to the chain’s base asset, ada. On Cardano NFTs behave the same as the chains base asset as they are native to the chain.

On this page you’ll find everything from Cardano NFT projects to DeFi projects and decentralized identity (DID) solutions that have incorporated NFTs, to the Cardano NFT marketplaces you can use to purchase NFTs.

Loan

Blockchain brings forth a new decentralized method of lending, allowing individuals to offer each other loans in a peer-to-peer fashion through smart contracts. Cardano loan platforms allow you to access Cardano collateral loans, where you lock up your holdings on the Cardano blockchain to receive a loan of equal or lesser value.

These protocols also include unique, Cardano NFT loans, where you can lock your Cardano NFT up in a smart contract, using it as collateral, in return for a loan in ada. All of this is done in a trustless manner through the use of smart contracts on the Cardano blockchain.

On the multiple Cardano loan platforms listed here you can be either the loaner or the loanee, allowing you to access loans using your existing assets as collateral, or to put your ada to work to earn you money by lending it out to others.

Cardano NFT loans are some of the most popular types of loans as the protocols allowing you to complete Cardano NFT loans, Lending Pond and Fluid Token, allow NFT owners to unlock the liquidity locked up in their assets without losing their beloved NFTs (so long as they return the borrowed assets, plus interest, in the allotted time)

DAO

If a project on Cardano operates with a DAO that you’ll find it tagged and listed on this page. All of these Cardano DAO projects have, in some form or another, incorporated or plan to incorporate a DAO. Not all of them will be full autonomous and this may be for one of many reasons, be it that features are being released gradually, that they will never actually be a full and proper DAO (and this a debate for another time).

There are specific Cardano DAO projects listed here, and these are those that operate as a full DAO, who’s direction is guided by the votes of its members. Others on here are projects and protocols built on Cardano, and these can take various forms, including: DeFi projects, NFT projects, and gaming projects.

Regarding full Cardano DAO projects, these have been created around many different topics, the most popular being Cardano investment DAOs that invest in Cardano NFTs and tokens. However, there are other DAOs focused around things such as the development of open-sourced tooling, the growth of the DAO idea itself, and art.

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