RaveDAO
What this is
RaveDAO is a community-focused project that uses blockchain infrastructure to connect live music events, NFTs, and a governance token under a single decentralized organization. It positions itself as a bridge between the global dance-music scene and Web3 technology, targeting fans, artists, and event organizers who want ownership stakes in the experiences they attend or support. The project also directs a portion of event proceeds toward charitable causes such as medical and wellness programs.
The RAVE token exists across several networks, including the BNB Chain, Ethereum, and Base ecosystems, meaning it can be held and transferred on each of those chains. Within the RaveDAO system the token is intended to give holders participation rights in the organization's governance and to serve as a medium for accessing or funding events and related experiences. The data does not specify a consensus algorithm or block time attributable to a native chain, so RAVE relies on the settlement mechanisms of the host networks it is deployed on rather than operating its own blockchain.
The data stored for RaveDAO does not include a protocol fee stream, so there are no fee-origin, fee-recipient, or fee-retention figures available on this page. Revenue described in the project materials is tied to ticket sales and event proceeds rather than on-chain protocol fees, and those figures are not captured in the metrics here. What is recorded is that roughly 26.58 percent of the one-billion maximum supply is currently in circulation, leaving a dilution overhang of approximately 276.24 percent relative to the circulating supply, meaning tokens not yet issued represent nearly 3.76 times the current market capitalization as reflected in the fdv-to-mcap ratio of 3.76.
Written from the figures on this page by an AI language model and reviewed against them. It contains no view on price.