There has been discussion around using SAFT NFTs as a way to receive investments to the DAO/a way for the DAO to invest in future projects. SAFT are a good way to do this as they ensure that investments and payment agreements are met. It might be helpful to lay out what SAFT NFTs are:
SAFT NFTs (Simple Agreement for Future Token) are a type of investment contract that allows investors to purchase a right to receive tokens at a later date, typically when a project or platform launches. The SAFT model is commonly used in the cryptocurrency and blockchain space as a way to fundraise for new projects.
SAFTs are similar to initial coin offerings (ICOs), but with some key differences. Instead of purchasing tokens immediately, investors in a SAFT purchase the right to receive tokens at a future date when they are created and become available. This can help protect investors from the risk of investing in a project that ultimately fails or does not deliver on its promises.
NFTs, on the other hand, are unique digital assets that are not interchangeable with other tokens or assets. They can represent ownership of a unique piece of content such as artwork, music, or even virtual real estate.
As a group, we should come to some consensus on the process for creating and issuing SAFT NFTs for our specific use cases. There are also many legal questions that need to be answered around these NFTs and there are better members in the DAO to answer those questions.