Convert Dai DAI to Faith Tribe FTRB

Dai (DAI) is a decentralized stablecoin running on Ethereum (ETH) that attempts to maintain a value of $1.00 USD. Unlike centralized stablecoins, Dai isn't backed by US dollars in a bank account. Instead, it’s backed by collateral on the Maker platform. Note: if the Dai credit system is upgraded or shutdown, Dai holders may need to convert their Dai to Ethereum through the Maker platform. Read more at makerdao.com/whitepaper.

Faith Tribe is a collaborative open-source fashion design platform that empowers and rewards independent creators in the web3 economy. It is owned by Faith Connexion, a 21-year old globally-recognized luxury streetwear brand that pioneered the concept of collaborative fashion and has been worn by some of the world’s most influential fashion leaders, and is heavily private-equity backed. $FTRB gives access to an end-to-end experience, a digital business-in-a-box for designers to collaborate, create, mint, fund, manufacture, distribute and track design assets in the digital and physical realms, as well as for the purchase of clothing and staking. Faith Tribe brings together the decentralized community of designers, artists, influencers, brands, developers, and buyers under an inclusive and incentive-aligned structure that enables experimentation, remixing and discovery in fashion, where participants are rewarded for their contributions.