DAODAO, a brand new DAO platform launching in Could, has simply introduced that they are going to be constructing performance to assist investments of Dogecoin (DOGE) into any DAO launched on the platform.
This marks a giant replace from the present paradigm, during which customers can usually solely spend money on DAOs with ETH, and in addition marks a compelling new use-case for DOGE holders. On the time of this writing, DAODAO is the primary recognized DAO platform with plans to supply Dogecoin assist, in addition to assist for different currencies like ETH, SOL, BTC and fiat.
DAODAO goals to be a brand new DAO platform that gives DAO founders and members with the entire instruments they should launch + run a DAO in a single place. What’s extra, since DAODAO leverages DeSo for the social layer, the entire neighborhood engagement and governance truly occurs on-chain (versus in centralized apps like Discord).
One upcoming DAO that the Doge neighborhood is likely to be considering, is one listed on the daodao.io web site known as ‘Takeover DAO’.
Based on a name with a member of the core DAODAO staff, there are plans within the works to “launch a DAO that acquires a stake in Twitter and advocates for Twitter to embrace Web3 performance.”
This might vary from plenty of concepts similar to advocating for Twitter to simply accept social ideas in additional cryptocurrencies (similar to Dogecoin), to shifting your complete Twitter base to an open social protocol like DeSo (Decentralized Social).
Just a few weeks in the past, this may occasionally have appeared like an absurd concept, nonetheless current developments have made this seem like a really actual chance.
Earlier this week, information broke that Elon had acquired a 9.2% stake in Twitter, making him the single-largest shareholder. Later that very same day, Elon put out a public ballot asking if customers would love an edit button.
The present CEO of Twitter, Parag Agrawal, instantly put out a tweet warning customers that “the results of this ballot will probably be necessary.”
The implications of this ballot will probably be necessary. Please vote rigorously. https://t.co/UDJIvznALB
— Parag Agrawal (@paraga) April 5, 2022
If the Takeover DAO had been to launch and lift vital capital from communities just like the DOGE neighborhood, Twitter would have a tough time ignoring proposals from Elon and the DAO.
To remain updated with the most recent bulletins from DAODAO:
- Observe the official Twitter account: https://twitter.com/daodao_io
- Be a part of the official Discord: https://discord.gg/exMBbbHgHF
