Hic et nunc DAO: Community Governance of a Decentralized NFT Marketplace

The Hic et nunc DAO whitepaper was initiated and published in 2021 by its core community team, following the departure of Rafael Lima, the founder of the original Hic et Nunc NFT marketplace, in response to the community’s demand for ongoing platform operation and decentralized governance.

The whitepaper of Hic et nunc DAO centers on the theme of “sustained development of a decentralized NFT ecosystem through community governance.” What makes Hic et nunc DAO unique is its low-cost, eco-friendly features based on the Tezos blockchain, empowering users to participate in platform decisions via the hDAO governance token, and pioneering the Web3 transition from founder-led to community-driven autonomy. Its significance lies in providing a global, open, and inclusive digital art trading platform for artists and creators, significantly lowering the barriers to NFT minting and trading, and setting a benchmark for decentralized community ownership models.

The original intention of Hic et nunc DAO is to build an open, neutral, and community-driven digital art platform, addressing pain points such as high entry barriers and expensive fees found in traditional art markets and centralized NFT platforms. The core viewpoint outlined in its whitepaper is: by issuing the hDAO governance token on the Tezos public chain and building a community co-governance mechanism, it is possible to ensure the platform operates at low cost and high efficiency, while achieving decentralization, censorship resistance, and sustainable development of the NFT ecosystem.

Interested researchers can access the original Hic et nunc DAO whitepaper. Hic et nunc DAO whitepaper link: https://github.com/hicetnunc2000

Hic et nunc DAO whitepaper summary

Author: Ethan J. Caldwell

Last updated: 2025-11-15 17:36

The following is a summary of the Hic et nunc DAO whitepaper, expressed in simple terms to help you quickly understand the Hic et nunc DAO whitepaper and gain a clearer understanding of Hic et nunc DAO.

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Disclaimer: The above interpretations are the author's personal opinions. Please verify the accuracy of all information independently. These interpretations do not represent the platform's views and are not intended as investment advice. For more details about the project, please refer to its whitepaper.