DoubleWeb3 quarterly update

DoubleWeb3 is a dev DAO that aims to create NFT utility solutions.

We make NFT more investable.

DoubleWeb3 DAO was founded in July 2022. Since then, we have been delivering value to all our holders, supporters, and the NFT community by building as many innovative tools as possible for every NFT holder. The NFT space may be in a bear market, but builders always build no matter what.

In Aug 2022, we launched our GrassRootPass, holding a GrassRootPass makes you an owner of DoubleWeb3. Holders can vote in DAO and share the income generated by our solutions.

Currently, we put our focus on two directions:

  1. building tools to improve NFT/web3 security

  2. building financial tools for NFT

What we have built so far

  1. NFT security tools

    1. minting firewall

    2. wallet bluecheck

    3. double identity (NFT security solution using a proxy NFT)

  2. NFT financial tools

    1. capsule machines (gamified NFT marketplace)

    2. NFT option (financial derivatives for NFT)

  3. Other tools

    1. NFT freemint alert

    2. auto mint bot

NFT option gives investors flexibility on how to financially manage their NFT investment
NFT option gives investors flexibility on how to financially manage their NFT investment

What we are building

  1. NFT option (put option)

  2. NFT binary option

  3. Synthetic NFT index

  4. The next NFT project

  5. DoubleWeb3 token

  6. GrassRootPass staking program

Business model

Most of our tools are charging 2.5% service fee/ trading fee. And the income we generate for the DAO will be distributed according to the ratio decided by the DAO

All generated income will be divided into four parts. The ratio is subject to change according to the quarterly DAO review.

  1. 30% of the revenue will be distributed to the dev team

  2. 40% of the revenue will be distributed to the community vault

  3. 20% of the revenue will be used to buy back GrassRootPass

  4. 10% of the revenue will be allocated to the referral program

The DoubleWeb3 ecosystem
The DoubleWeb3 ecosystem
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