ShapeShift DAO, a decentralized, cryptocurrency platform, has announced the launch of its partnership with Top Drawer Merchandise (TDM)
TDM will take over the manufacture and distribution of ShapeShift items globally as part of this agreement, fulfilling the merchandising platform’s responsibilities. The affiliation includes a 70% income split for affiliates, providing a new cash source for the DAO. Profits from the shop will be returned to the ShapeShift DAO at the conclusion of each quarter in the form of USDC.
This collaboration exemplifies how a DAO’s decentralized structure enables it to act in numerous directions concurrently to generate different income streams. The ShapeShift DAO will not own or run the product shop, but will get full support and resources from TDM.
The relationship with TDM is the third income source introduced to the ShapeShift DAO in the past month, after the introduction of the new v2 platform and, most recently, its inclusion as an Osmosis Validator. This increased income diversity positions the DAO for long-term success and financial stability.
TDM have extensive understanding of the crypto area and is capable of executing at the highest level for product development, incorporating crypto as a payment method in the store, and managing any physical items as well as NFT’s. They are actively collaborating with Badger DAO, Iota, Yearn Finance, the Bored Ape Yacht Club, and the Gutter Cat Gang, among others. The ShapeShift DAO now has a professionally maintained merchandise store! Along with the 70% income split for affiliates, the community may now buy high-quality ShapeShift merch using either cryptocurrency or cash.
Looking forward to a future in which users may utilize ShapeShift to access the whole DeFi cosmos. Since being decentralized six months ago, the DAO has developed enormously. Within the last month alone, several possibilities have been accepted and exploited, driving the development of new ones.