How It Manages
In the early stages of the High-3 Club, the executive team plays a pivotal role in managing and overseeing the club's operations. This team is responsible for identifying promising Web3 projects, analyzing potential investments, and securing airdrops for the community. As the club continues to grow, the management structure will evolve to a more decentralized model, gradually transitioning decision-making power to the community through a Decentralized Autonomous Organization (DAO). This shift ensures that the long-term direction of the club is driven by its members, with governance decisions made collectively through voting mechanisms.
The High-3 Club functions as a gamified platform that encourages members to actively participate in its various sections. Members earn points through their involvement in different activities, and these points can be accumulated to qualify for candidacy in the club’s executive team. Additionally, regular performance reports are also shared with all members through the platform, ensuring transparency and keeping the community informed about the club's activities.
Fund Distribution Strategy
The funds raised from the NFT presale will be allocated in two main categories: 50% will go to the Investment Treasury, dedicated to investments in Web3 projects, while the other 50% will be placed in the Club Operations Fund, which will be used for the tasks required to launch and maintain each section of the platform. The decision on how much of the Investment Treasury should be allocated to specific projects will be determined by member voting, ensuring that the community has direct input into the club’s financial strategies.
Last updated