According to DAO news, on February 23, in London, England, nearly a hundred communities around the world co-sponsored TheDAO Restart Conference, announced the establishment of the DAO Alliance, and launched the [Dao DAO Plan] globally. At present, the contract has been deployed to BSC and will automatically start running at BSC block height 16190415.
2022 will be the first year of DAO
If 2020 is the first year of DEFI and 2021 is the first year of NFT, then 2022 will be the first year of DAO.
The full name of DAO is Decentralized Autonomous Corporations, which means decentralized autonomous organization. It relies on smart contracts to run on the blockchain and has no legal entity. The concept of DAO was first proposed by V God, the founder of Ethereum. In 2016, TheDAO, the first DAO project, appeared. It raised more than 50 million US dollars in 15 days. It was the largest crowdfunding project on Ethereum at that time. It was later caused by hackers. One-third of the assets were stolen, which directly led to the hard fork of Ethereum.
After TheDAO, DAO has developed rapidly. According to the data of Deep DAO, as of December 2021, the total asset management scale of DAO is 12.8 billion US dollars. Compared with the first half of the year, the scale of funds deposited by DAOs has increased by 1422%, which is within the statistics There are 186 DAOs in total, and the cumulative number of organizational members and token holders of these DAOs is 17 million. According to the report of Messari, a blockchain research institution, “DAO will become the next big trend in the development of the times.”
To restart TheDAO, hundreds of communities around the world jointly established the DAO Alliance
To commemorate TheDAO, hundreds of communities around the world jointly established the DAO Alliance, deployed DAPP on the BSC chain through smart contracts, started it fairly, and started the DAO global restart plan.
It is understood that this DAO restart will be completed on the chain. DAO rewards will be distributed according to the weight of BSC blocks and LP mining pools. It is fair and transparent. You can get DAO rewards by completing the following operations through DAPP: 1. Casting NFT: through
DAPP 2. Mapping to DAONFT :
Map the minted NFT to DAONFT;
3. Form LP to get DAO rewards: Form LP mining pool of DAONFT and USDT, and get DAO rewards every day.
The entire process is completed by the contract. The NFT minted by the user can be burned at any time through the contract to redeem. DAONFT can also be mapped to NFT at any time. The rewarded DAO can be traded and transferred out at any time without any lock-up restrictions.
The DAO Alliance is a community-driven DAO organization composed of nearly a hundred early blockchain communities around the world. Relying on the background of The DAO, it aims to empower the development of DAO and drive the value growth and ecological expansion of DAO. Participants of the DAO Alliance include early contributors to The DAO, such as Slock.it, developers, blockchain game associations, and blockchain community organizations around the world, which together form the DAO Alliance to preach for the DAO!
What is 【Plan DAO】?
[Launch DAO Plan] is a promotional activity launched by the DAO Alliance Chinese Community to promote the development of DAO, aiming to allow more people to participate in the DAO ecology and enjoy DAO dividends!
Reward rules
A Each community leader rewards 1 NFT, and the group leader rewards 1 NFT; (each NFT is worth 100U)
B The community leader must have 5 groups (more than 200 people), and pull 5 group leaders to Telegram Group;
C. Each group owner needs to pull 5 people to the telegram group;
D. Each group distributes information and interacts with more than 100 pieces of content. Manage the group well (the advertisement does not meet the community content and be kicked out). The group service time is UTC time 16:00/ During the three time periods of 20:00/00:00, the group owner needs to send screenshots + videos to the community volunteers for verification every day;
E community volunteers pass the verification within 5 days, and they will be issued to the account in a unified manner
Joining the DAO Alliance and becoming a promoter can not only get rewards from the community, but also bind your own recommendation relationship through DAO airdrops to obtain long-term recommendation benefits, and create, share, build and win-win with the DAO Alliance.
DAPP opening time query https://bscscan.com/block/countdown/16190415
Contact DAO
Telegram: https://t.me/DAO2016
Twitter: https://twitter.com/TheDAO2016
YouTube: https://www.youtube .com/channel/UC49R6HOim80Zb3J7HANABqw
Medium: https://medium.com/@DAO2016