Ships, Captains, and Sailors
There are 3 primary actors in the Sail ecosystem: the Ship, Captain, and Sailors.
- 1) Crowdfund ETH to buy NFT(s) 2) Sell the NFT(s)
When a Ship is launched, corresponding ERC20 $SHIP Tokens are minted that represent the Ship's governance token. $SHIP Tokenholders manage the group of contracts that facilitates the crowdfund of ETH, distribution of ownership, purchase/sale of NFTs, and distribution of profits.
Collectively, all members of a Ship are referred to as the Crew.
Last modified 29d ago