Exiting an Investment

Each proposal will contain terms on when the DAO can vote to exit from an investment. If those terms are met, the DAO can vote to exit or sell a portion of the investment. If this is approved, the exit profit or proceeds are split between the holders of the NFT, with a % returning to the Battle Wallet.

Example:

DAO approved investment to buy a residential property for $1 million. In the initial investment contract, it was set that votes to exit can only be triggered after 2 years and require 80% approval votes.

After 3 years, the DAO votes to exit this investment and the vote receives 85% approval. The investment is now worth $1.2M and after deducing selling costs; A % determined at initial voting stage determines how much is sent back to the Battle Wallet. For this example, 50% is sent back to the Battle Wallet and the remaining 50% is split across all NFT holders according to the share dictated within the NFT.