DomainDAO NFT is the right to pre-reserve a second-level domain name under .dao TLD before the public registration. DomainDAO NFT can be minted by using $DOMAIN token.
We will release a limited set of domain names available for minting. After initial mint, DomainDAO NFT can be traded on open market such as OpenSea
If we do not win .dao TLD, you will get your $DOMAIN back.
There is no expectation of profit with DomainDAO NFT. We will do our best to acquire .dao domain but there is no guarantee that we will succeed (ICANN could disapprove or we could lose at the bidding stage). If we fail to acquire .dao domain, DomainDAO NFT holder will not get second-level domains they pre-reserved through NFT