PANews reported on February 19 that the NFT project Moonbirds announced the launch of Lunar Society to optimize and transform Moonbirds DAO and develop the Moonbirds and Mythics brands, and enhance Moonbirds' status in the Web3 community. It will play a key role in motivating and helping to achieve this goal, highlighting and supporting community members to build brands and explore creative opportunities together.
Lunar Society said it will not replace Moonbirds' parent company PROOF, and will raise $2 million in seed financing through ETH and USDC, and will also receive 35% of the secondary market sales royalties for Moonbirds and Mythics NFT series. In addition, Lunar Society will also purchase $500,000 worth of Moonbirds on the open market, as well as 7 Moonbirds from PROOF (worth about $100,000).
According to a tweet from Moonbirds, DAO proposals can be submitted starting February 28th, and the first vote will take place the week of March 13th.
