About MerchDAO

MerchDAO is a pioneering blockchain marketplace that empowers consumers to determine which rare and unique items are produced and sold. Utilizing non-fungible tokens (NFTs) on the blockchain, it guarantees the authenticity and uniqueness of rare items. The platform's native ERC20 token, MRCH, offers governance features similar to well-known DeFi tokens like COMP, YFI, and AAVE. Key functionalities include: 1) Users can propose new designs or product types by submitting suggestions or ready-made designs, such as logos. Different item categories require varying MRCH hold requirements; for example, proposing a small item like a phone case requires only 100 MRCH, while larger items like hoodies need 300 MRCH. Submission of designs does not spend tokens; holding them in a wallet is sufficient. ...