In order to effectively explain the concept and advantages of DAO (Decentralized Autonomous Organization) to the community, it will be useful to emphasize a few important points. Here are the topics you can cover when talking about these topics:
1. What is DAO? DAO stands for Decentralized Autonomous Organization. While traditional companies or organizations are managed by a central manager or board, DAOs are built entirely on blockchain technology and are managed through smart contracts. This structure allows decisions to be made by the community in a decentralized manner.
Main features:
Decentralized: No single person or institution has full control over the management.Transparency: Since all transactions and decisions are recorded on the blockchain, they can be followed by everyone.Autonomous: Decisions are implemented automatically with pre-programmed rules (smart contracts).
2. Why is DAO Established? DAOs are established to enable communities and organizations to operate in a more fair, transparent and democratic structure. Its operation allows the community to make decisions in line with their common interests. DAOs are especially popular in cryptocurrency and blockchain-based projects because:
Community empowerment: Participants take ownership of the project and play an active role in the governance process.
Democracy: Everyone has the right to vote and decisions are made according to the majority of the community.
Fair Participation: People are directly involved in the project through mechanisms such as token staking or contributions.
3. What are the advantages of DAO? Transparency and Trust: Since all transactions and votes take place on the blockchain, it provides full transparency. Decisions and results can be monitored by everyone.
Decentralization: Instead of arbitrary decisions by a central administrator as in traditional companies, decisions are made by consensus by the community.
Wider Participation: Everyone can contribute by using their share of the voting rights. This makes the community more active and enthusiastic.
Automatic Management: Smart contracts are automatically activated when certain conditions are met. This ensures fast and reliable decision-making.
Fair Incentive System: DAOs can create reward systems based on community contributions. In this way, those who contribute to the success of the project are rewarded.
4. In Which Areas Are DAOs Used? DAOs can be used for many different purposes:
Investment funds: DAOs can be used to manage community funds.Governance in projects: In blockchain-based projects, community members can make decisions on the development process.Community-based decisions: DAO allows decisions to be made on the direction in which projects will evolve or how they will progress.
5. Why Ivy Live DAO? Ivy Live DAO offers a more fair, democratic and transparent governance model for the development of the project by giving the community a stronger say. Community members can vote, comment and open new polls in the DAO by owning IVY tokens. In addition, all these processes become more valuable by staking and burning IVY tokens.
With these explanations, you can clearly and effectively announce the concept of DAO and the operation of Ivy Live DAO to the community. You can also highlight incentive mechanisms to increase community participation.
Here is a summary of the rules, operation and order prepared for your DAO application:
Comment Box PageComment Requirements: Anyone who meets the requirements to comment can leave a comment.Character Limit: Comments must be at least 50 and at most 500 characters.Sorting: Comments are sorted from newest to oldest.Vote PagePage Structure: The vote page consists of two main sections:Ongoing DAO: Ongoing surveys are displayed in this area.Completed DAO: Expired and completed surveys are moved here.Creating a Survey: Users who meet the requirements can create a survey using the Create DAO button.Title: Min. 10, max. 100 characters.Description: Min. 50, max. 500 characters.Image: Optional image upload area.Options: The survey can consist of at least 2 and at most 5 options. Each option can be at least 3 and at most 30 characters.Expiration Time: The survey can last at least 10 and at most 60 days. Polls that have expired are automatically moved to the Completed DAO area.Results: Completed polls clearly display the votes received by the options.
Opinion Expression RulesMinimum Staking Amount: 50,000,000 IVYOpinion Expression Fee: 1,000,000 IVY (Fully burnt — 100% BURN)Poll Opening RulesMinimum Staking Amount: 500,000,000 IVYPoll Opening Fee: 10,000,000 IVY (Fully burnt — 100% BURN)Poll Voting RulesMinimum Staking Amount: 50,000,000 IVYVoting Fee: Fully burnt (%100 BURN)1 Vote: 500,000 IVY10 Votes: 4,000,000 IVY25 Votes: 9,000,000 IVY50 Votes: 17,000,000 IVY100 Votes: 25,000,000 IVY
These rules and regulations are set to ensure that the DAO operates in a fair, transparent, and decentralized manner. In addition, a certain portion of IVY tokens are constantly withdrawn from circulation through staking and burn mechanisms, contributing to maintaining supply balance.
All amounts are subject to change as a result of the first DAO vote! Because that’s exactly our Management approach :
Comments