Treasure Island - Community Wallet
OurCommunity Wallet and how it will be run.
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OurCommunity Wallet and how it will be run.
Last updated
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At the heart of the Modern Pirates Club lies Treasure Island, our community wallet. This shared pool of resources fuels everything we do—funding ambitious projects, rewarding club members, and ensuring the long-term success of MPC.
While Treasure Island is not part of a fully decentralized DAO, it operates transparently and collaboratively through the Pirate Syndicate. club members have a direct role in guiding its use, making decisions about investments, and voting on how funds are allocated.
Funding the Wallet: Treasure Island is funded by various revenue streams, including pirate coin trading volume, NFT royalties, Pirate Coin staking, profits from hostels and epic trips, and more. Learn more about funding here.
Decision-Making through the Pirate Syndicate:
Voting: Members use the Compass Room of the pirate syndicate to vote on proposals related to funding new projects, investments, and initiatives.
Rewards for Holders: Treasure Island distributes wealth back to the community through dividends and perks. Being a Pirate coin Holder or NFT holder gives you a stake in this growing treasure. Learn more about dividends here.
Transparency: Everyone will have access to view Treasure Island’s holdings, including balances in SOL, BTC, and USDC. This ensures the community always knows the financial health of MPC and makes other peeping eyes want to join the club.
The income generated for treasure island is to be used first to ensure the long-term durability of Modern Pirates Club, and to fund it's continuing development and improvement.
Treasure Island is more than just a wallet—it’s the lifeblood of the Modern Pirates Club. With your vote and contribution, we can steer this ship toward exciting horizons while creating wealth and unforgettable experiences for every member. Ready to dive deeper?
