General Membership NFT Contract
The General Membership NFT Contract serves as the foundation for managing membership within the Built By DAO ecosystem. This contract facilitates the creation and management of General Membership NFTs—unique tokens that grant access to DAO services and resources, signify membership status, and offer different levels of privileges to holders. The contract also incorporates an innovative Invite Token system to help grow the community organically by enabling members to invite new participants.
Key Features and Purpose
Soul-Bound Membership NFTs:
The General Membership NFTs are soul-bound, meaning they cannot be transferred between members. This helps ensure that each member retains their individual membership identity, reinforcing the personal connection to the DAO community.
These NFTs represent a member's current status, providing access to community amenities, resources, and governance rights, depending on the membership level assigned.
Once issued, the NFT can only be burned under certain circumstances, such as membership revocation or termination, to maintain control over active participation.
Minting and Access Control:
Minting of the General Membership NFT is restricted to users with the MINTER_ROLE or WHITELISTED_MINTER_ROLE, typically reserved for DAO administrators or contracts authorized to mint on behalf of the DAO.
A key aspect of this contract is that each member can only hold one General Membership NFT at a time, preventing multiple memberships and simplifying member tracking.
The contract includes mechanisms for updating membership status and adjusting access levels through administrative functions, allowing members to evolve in their roles and responsibilities within the DAO.
Invite Tokens to Grow the Community:
Whenever a new General Membership NFT is minted, the recipient is automatically issued 7 Invite Tokens. These invite tokens are used to introduce new members to the DAO ecosystem.
Invite tokens are initially transferable, allowing the holder to invite others to join the DAO. However, once an invite token is transferred, it becomes soul-bound to the new holder, preventing further transfers.
The invite tokens are tracked to maintain records of who invited whom, fostering a network effect of community growth while also rewarding those who actively help grow the DAO.
Each invite token is subject to an auto-burn mechanism if not used within 30 days from issuance, ensuring that unused invites do not linger indefinitely.
Governance Integration and Security:
The access level for each member can be set or modified by administrators to reflect changing responsibilities and privileges within the DAO ecosystem. This ensures that each member's access is accurately aligned with their contributions and involvement.
ReentrancyGuard is employed in key functions to prevent reentrancy attacks, ensuring that minting, burning, and invite issuance are handled securely.
Custom Errors are used to handle exceptions efficiently, optimizing gas usage and making error tracking more intuitive.
Burning Mechanisms and Security:
The General Membership NFTs can be burned either by the owner or by an administrator when specific conditions are met, such as a revocation of membership.
The Invite Tokens have an expiration feature; they are automatically burned if they are not used to invite a new member within 30 days. This helps maintain an active and growing membership base without excess unused invites.
Summary of Member Lifecycle
When a new member joins, they receive a General Membership NFT along with 7 Invite Tokens.
The invite tokens are intended to be shared, allowing new members to join the DAO community. Once transferred, these invite tokens become soul-bound to the recipient, meaning they cannot be transferred again.
General Membership NFTs represent an individual's access and privileges, which are soul-bound and cannot be transferred. These can be burned to terminate membership when necessary.
The contract also provides administrators the ability to update membership attributes to reflect changes in a member's participation or status.
Community Growth and Tracking
This contract not only provides a robust mechanism for managing membership access but also actively encourages community growth. By issuing Invite Tokens with every membership, the contract enables organic network growth, empowering members to expand the community themselves. Tracking who invited whom helps reward active members and fosters a culture of participation.
The General Membership NFT Contract is designed to grow alongside the DAO, adapting to evolving roles, maintaining transparency and security, and ensuring a healthy, expanding membership base. This narrative aims to highlight the careful balance between secure membership management, active community growth, and integration with broader governance structures within the DAO.
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