BHDAO token

The $BHDAO token was created in October 2021 during a fundraising round in which members of the Blockhub community could invest up to $10,000 at the rate of 1 $BHDAO = $1.

The BHDAO token represents a pro-rata share of Blockhub DAO's treasury and investments. Estimates are made but members and simple holders are free to sell them at the price they want.

Currently, there is no possibility to redeem tokens for underlying assets, particularly due to the many locked investments, and the transaction fees associated with such operations.

Members of the DAO have the opportunity to vote for new fundraising rounds whenever they desire.

Owning the $BHDAO token does not automatically grant membership to the DAO. In order for a member to be granted membership status, they must have gone through the application process and have been validated by the other members of Blockhub DAO.