DAOs have become extremely popular in today's crypto market
Why?
Because it offers what groups need, in short, it’s security, transparent governance, user-friendly software, and lower costs
#Ergo #Ergonauts
Why?
Because it offers what groups need, in short, it’s security, transparent governance, user-friendly software, and lower costs
#Ergo #Ergonauts
These features enable ordinary people to band together and leverage their skills and resources, often as part of a global community.
@PaideiaDAO is a DAO software suite for the #Ergo blockchain.
DAOs leverage blockchain tech to help people work together toward common goals.
@PaideiaDAO is a DAO software suite for the #Ergo blockchain.
DAOs leverage blockchain tech to help people work together toward common goals.
A proof-of-work blockchain like Ergo provides a solid, secure foundation for a DAO.
It is possible to build multi-signature wallets, smart contracts, and other types of security software that are necessary for a DAO to work.
It is possible to build multi-signature wallets, smart contracts, and other types of security software that are necessary for a DAO to work.
For example, a standard task of a DAO is to vote on some course of action.
Ideally, a DAO can automate the proposal and voting process, and then, a smart contract can do some action.
That action could be to spend funds from a DAO treasury once the vote is completed.
Ideally, a DAO can automate the proposal and voting process, and then, a smart contract can do some action.
That action could be to spend funds from a DAO treasury once the vote is completed.
With a baseline of security, it is possible to create smart contracts for identity, reputation, vesting, and profit-sharing.
A whole range of other features has yet to be imagined.
A whole range of other features has yet to be imagined.
Paideia writes its own software, has it reviewed by experts, and all of its code will remain open source.
If security is a process, this is an approach that can give DAO members confidence that the DAO software they use is secure.
If security is a process, this is an approach that can give DAO members confidence that the DAO software they use is secure.
It is not enough to have secure smart contracts.
Paideia’s initial focus is on creating two governance models: optimistic (sometimes referred to as lazy consensus) and simple majority with quorum.
Paideia’s initial focus is on creating two governance models: optimistic (sometimes referred to as lazy consensus) and simple majority with quorum.
Each will share standardized workflows and token management features and lay the groundwork for additional models in future iterations of the @PaideiaDAO software.
Easy-To-Use, Cost-Effective & Global:
One of the reasons to build Paideia on the #ergo 's blockchain is that transaction costs are low.
A DAO software suite on many other blockchains is often prohibitively expensive for ordinary people.
One of the reasons to build Paideia on the #ergo 's blockchain is that transaction costs are low.
A DAO software suite on many other blockchains is often prohibitively expensive for ordinary people.
Paideia is attempting to broaden the market.
With a lower barrier to entry and more accessibility, DAOs become more useful.
With a lower barrier to entry and more accessibility, DAOs become more useful.
My Closing thoughts on @PaideiaDAO
Paideia is working on a complete software solution for DAO management and participation.
With the security of the #Ergo blockchain and transparent governance.
I'm confident about paideia and its future powered by #Ergo
Paideia is working on a complete software solution for DAO management and participation.
With the security of the #Ergo blockchain and transparent governance.
I'm confident about paideia and its future powered by #Ergo
• • •
Missing some Tweet in this thread? You can try to
force a refresh
