What is Silo Faction?
Silo Faction is an fractionalization tool designed for NFT owners to sell proportional rights over their high value NFTs, while providing goverance tools to manage the NFTs within shared treasuries.
Once an NFT is fractionalized, it becomes a Faction. Members within a Faction govern the NFT to coordinate around activities and objectives that may be beneficial to the Faction as a whole.
Exclusive opportunities open up for smaller fish that squad up in a Faction to reap the benefits of a whale. Such as Silo RDFs, other airdrops, staking initiatives, games, secondary sales, etc.
Squad up, join a Faction, and start coordinating. From equity and liquidity wars to Silo RDF governance attacks to yield farming strategies. It's up to each Faction to decide how it will operate.
Fractionalized NFT Sales
As an NFT owner, create a sale with a fraction price, reserve price, and time limit. If the reserve price isn't met, withdraw the NFT or restart the sale.
Expand NFT Communities
Used alongside Core and RDF, Faction can expand NFT communities further with sub-DAOs to govern individual high value NFTs.
Maintain Equity
NFT owners can choose to keep a fraction for themselves when creating the sale. This enables owners to sell their NFTs while maintaining some exposure.
What is Silo Faction?
