Atlas DAO: ATOM for NFT trades and loans
Team: Atlas DAO
Amount Approved: $10,000
Status: In Progress

Atlas DAO: ATOM for NFT Trades and Loans

This grant to Atlas DAO is to establish an  NFT aggregator and NFT-fi platform for $ATOM. This new version of Atlas DAO will enable users to trade NFTs exclusively using $ATOM, eliminating the need to swap their ATOM tokens for the creators’ mint tokens to purchase an NFT.

The platform will also offer loans against NFTs as collateral and a permissionless raffle system, denominated in $ATOM, providing a comprehensive and efficient user experience.

While the Atlas DAO 2.0 platform is nearing launch, this grant will allow the team to scale their platform through marketing and incentivization of user adoptions. These efforts will drive awareness, foster community involvement, and ensure the project’s sustainability, ultimately enabling them to contribute positively to ATOM.

About Atlas DAO
Visit their Twitter profile Join their Telegram group Join their Discord Visit their website Visit their Github

The Atlas DAO team comprises six talented developers and contributors each bringing extensive expertise in areas such as fullstack development frontend development and smart contract engineering.

Team: Atlas DAO
Current Status: In Progress
Funding Program: Regular Grants
Funding Category: ATOM as Interchain Money

Amount Requested: Amount in their initial application, or for RFPs, their first quote or that of the nearest competitor $10,000
Amount Approved: $10,000 (100%)
Amount Paid: $10,000 (100%)

Date Applied: Nov 21, 2024
Date Approved: Generally includes time spent doing interviews, rescoping or amending the application, and due diligence Nov 27, 2024 (6 days)
Expected Completion Date: A date that we expect this grant's deliverables to be completed by. This of course accounts for external dependencies (e.g. governance votes), but is not a strict condition on some grants. Mar 31, 2025

Payments Made: View the DAO DAO prop on our Grants Wallet or Mintscan of the transaction $10,000 (Dec'24)

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