Frequently Asked Questions

What happens after I purchase XRARE Tokens?

The tokens would be deposited into your corresponding wallet and will be available to trade once the liquidity pool is established after the lockup period.

What happens after the DAO purchases a “rare” asset?

These rare assets become custodied by the LLC and displayed in the museum for the everyday people to see. When we confirm we are able to do so, the ownership of the asset will be fractionalized into NFTs and sold to the public.

Where do other members meet online?

On Discord! Click here to join the chat… Discord

How will the DAO handle fiat reserves?

We will be forced to keep a portion of our reserves in fiat currency enough to maintain consistent operations. The balance will be diversified and staked between Matic, Ethereum, BitCoin, and several StableCoins.

How will my XRARE tokens increase in value?

As the income of the Museum, Reality Series, NFT Royalties, and Staking Rewards accumulate the value of the XRARE token should increase.

What is a royalty?

A royalty is a commission that an NFT project earns when their NFTs are traded or sold. This is written in the code of the smart contract attached to the NFT.

How will the DAO share the bookkeeping?

 For anything written on chain, these will be verifiable by inspecting the onchain analytics. 

Become part of The Rarest DAO community today!