TLDR Crypto · INNOVATION & LAUNCHES

NON-FUNGIBLE DAO

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Summary from the TLDR Crypto newsletter

Magic Eden is launching Non-Fungible DAO, which aims to facilitate the adoption of NFT commerce protocols. It will own and manage various open-source technologies for NFTs including smart contracts on Solana, Bitcoin, Ethereum, and Polygon. The DAO's development and protocols will be governed by the token holders, who will also earn most of the token supply.