The last on earth collective (loe) is an nft collection of 5,300nfts made up of 5 critically endangered animals. The main beneficiary of the project is the philippine eagle foundation and 10% of profit will go to them while the rest will be reinvested into the community and further development of the project.
Utility of loe nft
Chance to earn passively
100% of royalties will be divided between nft holders each month. At the end of each month, everything made and collected from royalties will be airdropped to loe holders. This is our way of giving back to the community and adding value to each loe nft.
Dao treasury
Once all nfts are sold, a wallet with 250 sol will be set up exclusively for the dao. The members of the community (nft holders) will then have the power to do whatever they please with the dao treasury as long as it has been voted on by the majority. A team will be set up to monitor the voting each week (1 vote per loe nft owned). The members of the dao can either re invest the treasury, divide it among themselves, wait for its value to increase, or whatever they vote upon. The dao can also vote to distribute monthly dividends from the dao treasury, which will work the same way the royalties are distributed.
