Modern Pirates Club - Whitepaper
  • Modern Pirates Club
  • Vision
  • Purpose
  • Team
  • Stage 1 - The start
    • First NFT Collection
      • Roadmap
      • Club Membership & Ownership Rights
    • The DAO & Private Group
    • The MotherShip
      • Dividends & Rewards
      • Income Streams
        • How Royalties Work
      • Investments
    • Surf T-shirt Brand
      • Eco Friendly Brand
    • The Hostels Chain
      • The First hostel
      • Hostel Themes
      • Franchising
    • Epic Life Bucket-list
    • Educational Courses
  • Stage 2 - The Gals
    • Second NFT Collection
    • Community projects
  • Stage 3 - Pirate Legacy
    • The Future of The Club
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  • The Private Group
  • The DAO

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The DAO & Private Group

Decentralized Autonomous Organization

PreviousClub Membership & Ownership RightsNextThe MotherShip

Last updated 2 years ago

The Private Group

We will open a private group that can only be accessed by users who hold Modern Pirates Club NFTs (and Modern Pirate Gals NFTs in the future). This group is not only for discussing the future of the club, proposals, votes, and other community activities but also for meeting other members, hanging out and having fun.

Here we can let loose, be more personal and get to know each other. Share ideas, travel stories/plans, funny tales, memes, investment opportunities and anything. We can organize private meet ups, and if we want, a big MPC party somewhere around the world.

Here is also where ideas can be pre-discussed before putting them up for a vote on the DAO.

Once our second collection (Modern Pirate Gals) is out, we will make a club house in the metaverse (probably Sandbox) to continue all the fun from this private group there. Read more about Modern Pirate Gals here.

The DAO

As the club belongs to everyone, we will create a DAO to propose ideas and vote on their execution. We will vote not only with the way the group is administered, but primarily for how the funds from the The Mothership (community wallet) are spent. More info on the mothership and club funds here.

Every NFT will represent 1 vote. There will be no "extra" votes for holding many NFTs. Ef: 1 NFT= 1 vote, 20 NFT= 20 votes.

To some extent, we will also use the DAO for voting on choices for the T-shirt surf brand and decisions of the hostels. These could be things like opening the hostel in location A, B or C etc. or for the surf brand, sponsor team A, B or hire influencer C etc. But the range of choices for these projects will be minimal as we have experts working on them and want to make profits for everyone.

In stage two (launching Modern Pirate Gals) we will start Community projects with Project Captains. This will allow us to have a much broader spectrum of choices of what to do with club funds. This will also be voted through the DAO. More information here.

LogoCaptain Teague SceneYouTube
You can find the scene from the pic above here.
Page cover image
The epic scene of the pirate lords gathering in Pirates of the Caribbean 3. We will have meet ups like this but for fun not for dire situations (like in the film). Having a DAO will prevent us from having arguments like they did.