In an era where the influence of Web 3.0 has become increasingly involved in investing for crypto investors, many different DAO projects have emerged. Some projects were created to address the disadvantages of traditional, highly decentralized corporate management systems. Some projects are created to bring together individuals with similar needs to do common things. like a project ContributionDAO Founded by Mr. Pleb, it was created to gather people interested in helping the Web 3.0 project build a stronger ecosystem.
Many people want to create their own Project DAO. Some people foresaw some of the current problems. want to fix it Including wanting to gather a group of people who see the same problems to solve these problems, want to create a DAO to drive the community to solve problems. But what if they happen to have no knowledge of building a DAO at all, no technical information, and no back-end knowledge at all, what would they do? Project XDAO was born for this.
XDAO is a service platform that helps people who want to build their own Project DAO. Can be built on XDAO without any knowledge of Smart Contract. Just enter the project name (DAO Name), Ticker Symbol (our project token name), Quorum. Now we can create our own Project DAO. By setting the number of quorums (Quorum) is to use Multisig for confirming transactions within the DAO itself.
in the process of setting Quorum is a very important step in how we want our DAO to have a total number of voting members. which after set We will be able to choose how many GTs (Governance Tokens) of our project should be given to each DAO member. XDAO recommends that approximately 1/5/10 of the DAO members should be given to each DAO member in order to be effective. Votes were calculated as easily as possible.
Project owners like us can use the tools provided by XDAO to drive all our DAOs. This ranges from collecting funding from members for organizing certain events, creating a proposal for voting on certain decisions, voting to invite certain members to leave the DAO, adding new members to the DAO as well. It is possible to collect LP Tokens for DAOs intended to invest in DeFi as well.
As XDAO is built to support multi-chain over 20 chains, we can build our project DAO on almost every chain XDAO supports: Ethereum, Binance Smart Chain, Polygon, Avalanche, Celo. , Boba, Heco, Metis, Optimism, Aurora, Fantom and many more chains.
The features for Project DAO creators include voting to manage DeFi Project’s Treasury, fundraising to fund the DeFi GameFi NFT, pooling donations, raising money for Joining an IDO or Launchpad in various projects, for example.
XDAO Pro : Assistant to manage our Project DAO every step of the way.
After we have created our Project DAO, the steps after that, whether it’s proposal voting, getting more members, generating more Governance Tokens, we have to manage all the creation by ourselves according to the tools provided by XDAO, including: Administering DAO at every step, we must manage it all ourselves. But would it be better? If we have our assistants to help with every step of the way. So it was born as XDAO Pro.
XDAO Pro is a feature for anyone looking to find an assistant to manage our Project DAO over the course of their project. From the beginning of the project name, helping to come up with a project approach, taking care of the Technical Back-end in our DAO, helping to solve problems in every step of the DAO creation process. Provide training for our Project DAO members to apply the knowledge gained to the development of the DAO infrastructure. Just fill out the XDAO Pro membership form at: https://xdao.typeform.com/xdao-pro Waiting for a reply from XDAO, we will have a helper to facilitate us in every step of DAO building.
The XDAO platform is one of the platforms that are very much to watch. Able to come in and create their own DAO easily without knowing the smart contract at all, just the person’s intention to do something. There are few staff members ready to support. They are also able to come in and raise more members and funding at XDAO platform to do something good for the crypto community 😀