📋DAO4ART Glossary

Royalty DAO （D4A DAO）	Royalty DAO is a DAO initiated and incubated by users on DAO4ART platform, with a block-structure-based, NFT and ERC20 token correlated on chain data structure, enabling long term incentive compatibility for collaboration
Royalty Token	D4A automatically generated erc20 token for each DAO. rewarded to Canvas Creator based on Canvas minting sales
Royalty Pool	asset pool for each DAO that includes: 30% of minting sale Ethers, undistributed DAO token and future trading fee revenue for DAO Collection NFT
Royalty Rate (DAO Creator Reward)	the DAO token (erc20) rewarded to each DAO Creator. in D4A’s 1.0 version, this ratio is fixed to 3% across the entire platform. vested linearly by every DRB during the DAO Mint Window.
Royalty Reward (DAO Canvas Reward)	the corresponding rewards for Canvas Creator of each DAO, focusing on DAO(ERC20) token rewards
Royalty Fee (DAO Creator Fee)	similar to Opensea lingua, all trading fee revenue generated by subsequent DAO Collection NFT trading, will be injected into Royalty Pool and vested in relation to DAO token holdings. DAO Creator will set this rate.
Royalty APY (DAO Revenue Estimated)	Estimated total of mint revenue, DAO Token reward and future royalties payoffs. Its recipient can be a single Canvas or a DAO
DAO Name	Name of each DAO, given by DAO Creator
DAO Gallery	collected view of all mint-ongoing DAO Works, including all Creator uploaded unminted Works
DAO Collection	minted NFT works in each DAO
DAO Creator	creator/builder/author of each DAO
DAO Manifesto	manifesto, proclamation, slogan or mission statement, uploaded by DAO Creator
DAO Description	DAO’s detailed description, background setting, etc. uploaded by DAO Creator
DAO LOGO	uploaded by DAO Creator, as the name suggests
DAO BG Banner	uploaded by DAO Creator, as the name suggests. do make sure it looks nice
DAO Start Date	starting date of each DAO’s building/minting, set by DAO Creator
DAO Mint Window	lasting time from start to end of the DAO’s building/minting, set by DAO Creator
DAO Social Link	provided by DAO Creator, as the name suggests
DAO Community	DAO’s community entrance, showing DAO Social Link
DAO Activity	economics of each DAO, showing all NFT and DAO token statistics by DRB
DFP (DAO Floor Price)	governs minting floor price of all Canvas NFT in each DAO, initially set by DAO Creator
Mint Revenue (DAO & Canvas Mint Revenue)	Canvas Creator’s revenue from mint sales
D4A Mint Fee	D4A’s cut for every NFT mint sale, in the form of Ether, in D4A’s 1.0 version, this ratio is fixed to 2.5% across the entire platform
D4A Rate (D4A Creator Reward)	D4A’s cut for every new DAO token created, in the form of erc20 . in D4A’s 1.0 version, this ratio is fixed to 2% across the entire platform, vested linearly by every DRB during the DAO Mint Window
DRB	DAO Rebase Block, the basic computing and incentive cycle of each DAO. 1 DRB cycle happens every 7,158 Ethereum blocks (roughly 24 hours)
TVR	NFT Trading Volume Rate, Canvas new mint sale volume/that of the entire DAO (ETH) during each DRB. DAO token are rewarded to Canvas Creator at this rate with each DRB.
Total Vol	Total mint sale (ETH) of each Canvas in its DAO
7D DRB Vol	Total mint sale (ETH) of each Canvas for the last 7 DRB
7D TVR	average of the sum of NTVR for the last 7 DRB
Canvas	sub structure of every DAO, created by Canvas Creator (the artists) in different DAOs as a vessel to present Works, minted or unminted.
Canvas Creator	artists who creates Canvas in each DAO
Canvas Name	name of the Canvas, created by Canvas Creator
Canvas Description	detailed description of the Canvas, created by Canvas Creator
Canvas LOGO	logo of the Canvas, uploaded by Canvas Creator
Canvas Social Link	provided by Canvas Creator, as the name suggests
Work(s)	all uploaded art works by Canvas Creator, minted and unminted
Work Description	detailed description of each Work, provided by its Canvas Creator
Mintable Work(s)	unminted art works in each Canvas
NFT(s)	minted art works in each Canvas
DRB NFT(s)	new NFTs minted in each DRB
User	all D4A participants including DAO Creator, Canvas Creator, Minter and Owner
User Bio	your bio, can be flashy, can be empty
Owner	owner of the private key to the address that hold minted Canvas NFTs
Minter	original user who minted the NFT in the DAO Collection
Wallet	user wallet
Guest	user whose wallet not connected
DAO Favorite	user favorite list of DAOs
Canvas Favorite	user favorite list of Canvas
Work Favorite	user favorite list of Works