About Alpha Token
Originally launched as The Internship DAO by URN, Alpha is transitioning into an ERC20 governance token model. This next-generation token will govern The Alpha NFT and its associated treasury, building on the legacy of The Internship NFT sale initiated by the URN community.
The Alpha project traces its roots to Murat Pak's historic $91M+ NFT sale. In a remarkable show of community strength, over $4M was raised to acquire Pak's rare 1/1 artwork. This collective effort laid the foundation for Alpha's current evolution.
Key Features of Alpha Token:
- NFT Conversion: Interns NFT holders can burn their NFTs to claim .alpha tokens.
- DAO Expansion: Mass by Pak NFTs can merge with Alpha DAO, strengthening the ecosystem.
- Revenue Model: Charges a 5% fee on new mass transfers to grow the treasury.
- Liquidity Provision: Ensures smooth entry/exit for community members.
Governance and Utility
The new ERC20 token model enables four critical functions:
- Broader Community Access: Opens the Alpha NFT to Pak's wider audience.
- Economic Balance: Mirrors $ASH model, allowing arbitrage opportunities to stabilize Mass token prices.
- Sustainable Revenue: Fees from mass transfers support treasury growth.
- Enhanced Liquidity: DAO-provided liquidity facilitates member transactions.
Core Value Proposition
Alpha represents a tokenized community NFT fund supporting the Pak economy, backed by crypto assets in its NFT treasury. This innovative structure combines governance, financial incentives, and community participation in a single ecosystem.
👉 Discover Alpha Token's latest developments
Community Engagement
Alpha thrives through its engaged community members who:
- Participate in governance decisions
- Contribute to ecosystem growth
- Help maintain treasury value
- Foster connections within the Pak economy
FAQ Section
Q: How can Interns NFT holders claim Alpha tokens?
A: Holders can burn their Interns NFTs through the official portal to receive Alpha tokens at the current conversion rate.
Q: What's the benefit of merging Mass NFTs with Alpha?
A: Merging expands the DAO's holdings while allowing Mass owners to participate in Alpha's governance and revenue sharing.
Q: How does the 5% fee structure work?
A: When new Mass NFTs transfer to Alpha DAO, 5% of the transaction value goes to the treasury, supporting ecosystem growth.
Q: Is there a minimum holding period for Alpha tokens?
A: No, but long-term holders typically benefit more from governance rights and ecosystem growth.
Q: How is Alpha different from other NFT governance tokens?
A: Alpha uniquely combines Pak's NFT economy with DAO governance, creating a symbiotic relationship between art ownership and token utility.
👉 Learn about Alpha's governance model
Q: Can I trade Alpha tokens on exchanges?
A: Yes, Alpha tokens are available on several major cryptocurrency exchanges for trading against USD and other pairs.
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