About us
We’re a group of dedicated art lovers and artists focused on the cultivation and curation of digital art.
Our hope is to foster a new wave of artists and support existing ones by enhancing the value and visibility of 1:1 artwork. Promote and educate creators, artists, and collectors to elevate the digital art space.
Each NFT of the ‘Founders Collection’ represents a piece by John Le, entrance into the DAO, governance, and an equal share of the treasury. The treasury includes all art held by the DAO along with any SOL and USDC balance.
Backstory
Why Founder’s Collection?
While there is no set supply, Le DAO will remain small and nimble. The Founders Collection is in partnership with John Le to create incredible 1:1 characters each representing a new founding member of Le DAO. After this collection closes these members will collectively own the treasury and drive the future of the DAO.
Characters
Artist
John Le
How?
How does it
work?
The structure of the DAO is simple. Each piece purchased is placed into a multi-sig wallet. Your NFT from the Founders Collection acts as your governance token for that wallet. Majority vote by the DAO allows a transaction to take place.
How Pieces are Acquired?
Le DAO’s discussion happens in Discord. Members of the group will put an upcoming piece of work in “New Piece Suggestions” where discussions take place. If there is enough interest in the piece it goes to a vote. In this phase there are multiple options for a max bid price. After voting takes place we take a weighted vote average and then try and acquire the piece.
Le DAO’s discussion happens in Discord. Members of the group will put an upcoming piece of work in “New Piece Suggestions” where discussions take place. If there is enough interest in the piece it goes to a vote. In this phase there are multiple options for a max bid price. After voting takes place we take a weighted vote average and then try and acquire the piece.
questions
Frequently Asked Questions
Who are we?
We are a DAO of dedicated art lovers and idealists focused on the cultivation and curation of digital art.
Why are we doing this?
To foster a new wave of artists and support existing ones by enhancing the value and visibility of 1:1 artwork. Promote and educate creators, artists, and collectors to elevate the Solana art space.
How will you be able to become a member?
We will be auctioning off a limited series of unique 1:1 character NFTs by John Lé. Each NFT grants access to the DAO and represents an equal share of our art collection, treasury, and governance. While there is no set supply, the DAO will remain small and nimble. Additional members may be added at the discretion of the DAO.
Will there be ways of supporting artists directly?
Currently there is a public side to Le DAO’s discord where artists can come say hello and drop their auctions. Most importantly, the artists can tell their stories to an audience happy to listen. We also plan on launching mentorship programs in which 2-5 artists at a time recieve 1 on 1 time with the members.
How will you help grow the Solana art space outside of existing artists?
We are working on ways to reach out and onboard artists that aren’t creating work digitally. We want to create easy ways to walk them through coming to the space and the benefits of sharing their work with a larger audience.
How does the treasury work?
All art is held in a multi-sig wallet controlled by governance tokens, which is the character art by John Lé we are auctioning off for entrance. Each membership is an equal share of the art collection and SOL treasury held by the DAO.
How do I get liquidity if needed from the treasury as a member?
You will either be able to sell your character artwork (membership) in which case you are selling your share of the art and SOL treasury you hold. Or we will be able to vote on chain to sell a piece in the future and take a portion of the proceeds and send them out as “distributions” to members.
How do you buy art?
Funds come from membership auctions, and the DAO’s portion of those sales can used to purchase art. All art is brought up as suggestions and then if there is enough interest from members it goes to a formal vote where we set a max bid.
Are you solely focused on Solana?
For now…
Our Art
We have gathered some amazing pieces from on-chain artists that is equally held by all members of Le DAO.