JOJO Meta DAO: Govern, Invest, and Earn

3 min readFeb 14, 2022

We are very happy to see more and more high-quality IP and designers including the Korean Olympic Champion, World Taekwondo, etc. join the “JOJO.FUN Metaverse IP Plan”, which means that there will be more and more high-quality investment targets in the JOJO.FUN Metaverse, and JOJO is about to move to the next stage: JOJO Meta DAO.

Why Build JOJO Meta DAO?

JOJO comes from the community, and JOJO.FUN Metaverse is jointly built by the community. We believe that the benefits of JOJO.FUN Metaverse should also be shared by investors who are willing to make continuous contributions to JOJO. Community members can not only directly participate in the core decision-making of JOJO.FUN Metaverse through JOJO Meta DAO, but also invest in IPs, Designers, SmartToy, Games, etc. introduced by JOJO.FUN Metaverse, and benefit from the development of the JOJO.FUN Metaverse.

In a nutshell, JOJO Meta DAO will include 3 functions: Community Governance, Community Investment, and Benefit Distribution.

JOJO Meta DAO RoadMap

We have divided the JOJO Meta DAO Roadmap into 4 parts: Build, Govern, Invest, and Metaverse DAO.

Build

At this stage, JOJO Meta DAO will be established, and we will also launch JOJO Meta DAO Donation Program to help JOJO Meta DAO perform its functions better.

Govern

At this stage, JOJO Meta DAO will become the most important decision-making body of the JOJO Community. The JOJO Community will initiate proposals through Snapshot and use the JOJOPOWAH held to participate in voting.

Proposal types include:

Well-known IPs cooperation decision;

Well-known designers cooperation decision;

Game incubation decision;

JOJO CryptoToy issuance decision;

Major rule adjustments in the JOJO community;

Etc.

Invest

JOJO CryptoToy is an important investment target of JOJO Meta DAO. It is not only a physical fashion game, but also associated with NFT in JOJO.FUN Metaverse through JOJO APP. Most of JOJO CryptoToy will be sold through JOJO Amazon Japan Flagship Store and JOJO Korea Coupang Flagship Store, and a small number will be sold on JOJO official website.

JOJO Amazon Japan Flagship Store has been officially launched: https://www.amazon.co.jp/stores/page/BFAF7673-1A85-4A52-80B5-B79B94AB869C

We will jointly issue JOJO CryptoToy with well-known IPs and designers. Users who participate in the voting will be able to sign contracts with IPs and designers through JOJO Meta DAO and get JSTAR NFT. After the designer’s JOJO SmartToy is sold, part of the proceeds will be directly purchased as $JOJO through CEX or DEX. Then, these $JOJO will be injected into the JSTAR mining pool, and you can stake JSTAR NFT to earn $JOJO.

Future games in the JOJO.FUN Metaverse will also be incubated in this way.

Metaverse DAO

JOJO will establish JOJO Metaverse Community to better integrate JOJO Meta DAO into JOJO.FUN Metaverse.

JOJO Meta DAO Donation Program

In order to make JOJO Meta DAO work better, we will launch the “JOJO Meta DAO Donation Program”, you can donate $JOJO to support the development of JOJO Meta DAO, and this part of the funds will be used for IP signing and market expansion.

Users who donate $JOJO to the JOJO Meta DAO will also hold JOJOPOWAH in the following amounts:

√（JOJO * 10/100）

The income of JOJO DEV Team mainly comes from the following 3 aspects:

10% of the sales amount of the blind box;
10% of JOJO NFT Market transaction fee;
10% of the cost of breeding, refining;
Etc.

JOJO DEV Team will donate 500 million $JOJO to JOJO Meta DAO, more than 21% of current total revenue.

Welcome to the new era of JOJO.FUN Metaverse.