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MakerDAO Defies Market Trends
Crypto analytics firm IcryptoAI highlighted that Smart Money has significantly accumulated MKR in the past 24 hours, with a notable wallet holding 100.81 MKR valued at $256,860. Additionally, this wallet contains 1.59 thousand DMT, worth $144,930. Such whale transactions and continuous price volatility, especially in Bitcoin, have prompted analysts to consider MKR’s potential future trajectory.
Crypto analyst @market maker has forecasted a possible rally to the $4,000 mark, noting the formation of a falling wedge and a test of horizontal resistance. A breakout could prompt a sharp rise towards this target, pointing to a bullish sentiment among investors. The Chaikin Money Flow (CMF) indicator also indicates positive cash inflow with a value of 0.15, pointing to potential buying pressure. According to Santiment data, MKR’s Market Value to Realized Value (MVRV) ratio is at 38.42%, implying that current investors are enjoying a 38.42% profit over their initial investment.
#dao #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #altcoins #CPIAlert
Crypto analytics firm IcryptoAI highlighted that Smart Money has significantly accumulated MKR in the past 24 hours, with a notable wallet holding 100.81 MKR valued at $256,860. Additionally, this wallet contains 1.59 thousand DMT, worth $144,930. Such whale transactions and continuous price volatility, especially in Bitcoin, have prompted analysts to consider MKR’s potential future trajectory.
Crypto analyst @market maker has forecasted a possible rally to the $4,000 mark, noting the formation of a falling wedge and a test of horizontal resistance. A breakout could prompt a sharp rise towards this target, pointing to a bullish sentiment among investors. The Chaikin Money Flow (CMF) indicator also indicates positive cash inflow with a value of 0.15, pointing to potential buying pressure. According to Santiment data, MKR’s Market Value to Realized Value (MVRV) ratio is at 38.42%, implying that current investors are enjoying a 38.42% profit over their initial investment.
#dao #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions #altcoins #CPIAlert
Community Tokens and DAOs: Empowering Decentralized Communities
Community Tokens and Decentralized Autonomous Organizations (DAOs) are two key concepts in the world of blockchain and decentralized communities. Let's explore what they are and how they contribute to the growth and empowerment of these communities.
Community Tokens:
Community Tokens are digital assets created by Community Builders to enhance the engagement and participation within their communities. These tokens serve as a form of membership or access pass, granting holders certain privileges or benefits within the community. They can be used to unlock exclusive content, access events, or participate in community governance.
Some key points about Community Tokens include:
They streamline the system of collecting rewards and diversify the content that can be earned by participating in community activities.
They are often blockchain-secured, ensuring transparency and immutability.
Community Tokens can be created for various purposes, such as granting access to online communities or incentivizing community contributions.
Examples of Community Tokens include $JAMM, which provides access to an organization's Discord server, and other social tokens like SoCool, Roll, iMe Lab, Torum, Rally, DTTD, forgivenet, and Maxity.
Decentralized Autonomous Organizations (DAOs):
DAOs are organizations managed in whole or in part by decentralized computer programs, with voting and finances handled through a blockchain. They enable like-minded individuals from around the world to collaborate and work towards a shared mission without the need for a centralized authority.
Here are some key aspects of DAOs:
DAOs are collectively-owned and blockchain-governed organizations.
They allow members to participate in decision-making processes through voting mechanisms.
DAOs often have built-in treasuries that hold funds accessible only by members.
#dao #community #token #social
Community Tokens and Decentralized Autonomous Organizations (DAOs) are two key concepts in the world of blockchain and decentralized communities. Let's explore what they are and how they contribute to the growth and empowerment of these communities.
Community Tokens:
Community Tokens are digital assets created by Community Builders to enhance the engagement and participation within their communities. These tokens serve as a form of membership or access pass, granting holders certain privileges or benefits within the community. They can be used to unlock exclusive content, access events, or participate in community governance.
Some key points about Community Tokens include:
They streamline the system of collecting rewards and diversify the content that can be earned by participating in community activities.
They are often blockchain-secured, ensuring transparency and immutability.
Community Tokens can be created for various purposes, such as granting access to online communities or incentivizing community contributions.
Examples of Community Tokens include $JAMM, which provides access to an organization's Discord server, and other social tokens like SoCool, Roll, iMe Lab, Torum, Rally, DTTD, forgivenet, and Maxity.
Decentralized Autonomous Organizations (DAOs):
DAOs are organizations managed in whole or in part by decentralized computer programs, with voting and finances handled through a blockchain. They enable like-minded individuals from around the world to collaborate and work towards a shared mission without the need for a centralized authority.
Here are some key aspects of DAOs:
DAOs are collectively-owned and blockchain-governed organizations.
They allow members to participate in decision-making processes through voting mechanisms.
DAOs often have built-in treasuries that hold funds accessible only by members.
#dao #community #token #social
What is a DAO?
A DAO (Decentralized Autonomous Organization) is a decentralized, self-governing organization that has emerged in recent years as a unique organizational model, distinct from traditional centralized corporations. Unlike traditional companies run by a few individuals or a leadership team, DAOs are designed to operate independently, without the need for human intervention, by applying a set of rules encoded in code.
What is a DAO?
The concept of DAO is broad, encompassing various forms, from blockchain-based applications, decentralized finance (DeFi) protocols that employ on-chain governance models, to groups that apply proposal and voting mechanisms across various other domains. However, all DAOs share common characteristics:
Members of a DAO can easily access and verify the proposals and actions of the organization.
Members have the right to participate in the decision-making of the DAO through online voting mechanisms.
DAOs operate independently, without the need for direct human intervention, by applying a set of rules encoded in code.
The DAO model offers several potential benefits, such as increased transparency, reduced transaction costs, enhanced community participation, and the ability to implement changes quickly according to the wishes of the members. However, DAOs also face challenges, such as governance, control, and legal responsibilities.
The future development of DAOs will be a noteworthy topic as blockchain technology and decentralized solutions continue to be widely adopted.
#bitcoinhalving #dao #CryptoBloodbath
A DAO (Decentralized Autonomous Organization) is a decentralized, self-governing organization that has emerged in recent years as a unique organizational model, distinct from traditional centralized corporations. Unlike traditional companies run by a few individuals or a leadership team, DAOs are designed to operate independently, without the need for human intervention, by applying a set of rules encoded in code.
What is a DAO?
The concept of DAO is broad, encompassing various forms, from blockchain-based applications, decentralized finance (DeFi) protocols that employ on-chain governance models, to groups that apply proposal and voting mechanisms across various other domains. However, all DAOs share common characteristics:
Members of a DAO can easily access and verify the proposals and actions of the organization.
Members have the right to participate in the decision-making of the DAO through online voting mechanisms.
DAOs operate independently, without the need for direct human intervention, by applying a set of rules encoded in code.
The DAO model offers several potential benefits, such as increased transparency, reduced transaction costs, enhanced community participation, and the ability to implement changes quickly according to the wishes of the members. However, DAOs also face challenges, such as governance, control, and legal responsibilities.
The future development of DAOs will be a noteworthy topic as blockchain technology and decentralized solutions continue to be widely adopted.
#bitcoinhalving #dao #CryptoBloodbath
Offchain Labs announced in its 2023 review that Arbitrum Stylus, a new tool that supports multiple languages for smart contracts, is live on the testnet and will launch in 2024.
Arbitrum DAO also plans to deploy Stylus to Arbitrum One and Nova, as well as use Stylus on the Orbit chain.
#dao #OffchainLabs #Stylus #arbitrum
Arbitrum DAO also plans to deploy Stylus to Arbitrum One and Nova, as well as use Stylus on the Orbit chain.
#dao #OffchainLabs #Stylus #arbitrum
Automation and Efficiency
DAOs utilize blockchain technology to automate rules and processes. Once the rules are programmed, the decision-making and management processes in a DAO can occur automatically, without human intervention. This helps minimize the time and effort required in the decision-making and management processes, while also enhancing the overall efficiency of the DAO. Transactions and operations within a DAO can also be executed quickly and accurately, without the need to wait or rely on third-party involvement.
Overall, the benefits of transparency, decentralization, and automation make DAOs an attractive and highly promising organizational model in the cryptocurrency market. These features not only create trust and community engagement, but also help increase the efficiency and speed of operations for organizations in this field.
While DAOs offer many advantages, they also have several drawbacks:
Security Issues and Risks:
Although blockchain technology provides a high level of security, DAOs can still be vulnerable to attacks and breaches. Additionally, DAOs face risks from malware, security vulnerabilities, and fraudulent behavior.
This requires a particular focus on security and safety measures to protect the assets and operations of a DAO.
Challenges in Management and Decision-Making:
DAOs require participation and contributions from the community of members. However, managing and making decisions within a large community can become complex.
The diversity of opinions and perspectives within the community can slow down the decision-making process or lead to conflicts.
This demands a clear and effective decision-making process, as well as active and responsible participation from the members.
Dependence on Community Engagement and Interaction:
DAOs exist and operate based on the participation and interaction of the community members. #bitcoinhalving #dao #DemCryptoPLUG
DAOs utilize blockchain technology to automate rules and processes. Once the rules are programmed, the decision-making and management processes in a DAO can occur automatically, without human intervention. This helps minimize the time and effort required in the decision-making and management processes, while also enhancing the overall efficiency of the DAO. Transactions and operations within a DAO can also be executed quickly and accurately, without the need to wait or rely on third-party involvement.
Overall, the benefits of transparency, decentralization, and automation make DAOs an attractive and highly promising organizational model in the cryptocurrency market. These features not only create trust and community engagement, but also help increase the efficiency and speed of operations for organizations in this field.
While DAOs offer many advantages, they also have several drawbacks:
Security Issues and Risks:
Although blockchain technology provides a high level of security, DAOs can still be vulnerable to attacks and breaches. Additionally, DAOs face risks from malware, security vulnerabilities, and fraudulent behavior.
This requires a particular focus on security and safety measures to protect the assets and operations of a DAO.
Challenges in Management and Decision-Making:
DAOs require participation and contributions from the community of members. However, managing and making decisions within a large community can become complex.
The diversity of opinions and perspectives within the community can slow down the decision-making process or lead to conflicts.
This demands a clear and effective decision-making process, as well as active and responsible participation from the members.
Dependence on Community Engagement and Interaction:
DAOs exist and operate based on the participation and interaction of the community members. #bitcoinhalving #dao #DemCryptoPLUG
Alien Worlds DAOs: Giving Control to the Users
Web3 is about empowering users, and as a Web3 gaming ecosystem, Dacoco is committed to keeping Alien Worlds and its processes decentralized and making sure the users get as much control as possible.
With control comes transparency, so we would like to take the community through some of our technical thinking.
Learn More: https://alienworlds.medium.com/alien-worlds-daos-giving-control-to-the-users-a7a14f98f24e?source=friends_link&sk=9f8289a647da0a43e1a17a251af8183a
#dao #community #nfts
With control comes transparency, so we would like to take the community through some of our technical thinking.
Learn More: https://alienworlds.medium.com/alien-worlds-daos-giving-control-to-the-users-a7a14f98f24e?source=friends_link&sk=9f8289a647da0a43e1a17a251af8183a
#dao #community #nfts
MetaCene, a leading blockchain MMORPG platform, is thrilled to announce a groundbreaking partnership with Avisa Games Guild, a renowned NFT gaming hub and DAO.
#NFT #dao #blockchain
#NFT #dao #blockchain
What Is a Governance Token?
Governance tokens are tokens that developers create to allow token holders to help shape the future of a protocol. Governance token holders can influence decisions concerning the project such as proposing or deciding on new feature proposals and even changing the governance system itself.
In many cases, the changes proposed, vetted and then voted on through on-chain governance accessed by using governance tokens are applied automatically due to smart contracts. In other cases, the team maintaining the project is tasked with applying the changes or hiring someone who will.
Proponents of systems that use governance tokens believe that they allow for user control, which holds true to the original cryptocurrency ideals of decentralization and democratization. In most cases, organizations who let users control the development of their systems are called decentralized autonomous organizations (DAOs).
One well-known example of a governance token is Maker (MKR). This token allows its holders to vote on decisions pertaining to the decentralized finance (DeFi) protocol that the decentralized stablecoin DAI runs on.
For example, MKR holders can vote to change the complex economic rules that govern the decentralized lending that allows DAI to keep its price stable. At the time that the text you are reading was being written, MKR holders were voting on whether the protocol’s debt ceiling should be raised.
#dao #MKR #googleai #cryptocurrency #cryptonews $MKR $ETH $BNB
In many cases, the changes proposed, vetted and then voted on through on-chain governance accessed by using governance tokens are applied automatically due to smart contracts. In other cases, the team maintaining the project is tasked with applying the changes or hiring someone who will.
Proponents of systems that use governance tokens believe that they allow for user control, which holds true to the original cryptocurrency ideals of decentralization and democratization. In most cases, organizations who let users control the development of their systems are called decentralized autonomous organizations (DAOs).
One well-known example of a governance token is Maker (MKR). This token allows its holders to vote on decisions pertaining to the decentralized finance (DeFi) protocol that the decentralized stablecoin DAI runs on.
For example, MKR holders can vote to change the complex economic rules that govern the decentralized lending that allows DAI to keep its price stable. At the time that the text you are reading was being written, MKR holders were voting on whether the protocol’s debt ceiling should be raised.
#dao #MKR #googleai #cryptocurrency #cryptonews $MKR $ETH $BNB
Dao
DAO stands for Decentralized Autonomous Organization.
It is a web3 idea that allows communities, corporations, or any type of collective organization to be administered and governed without centralized leadership, thanks to the ability of blockchain.
DAOs are intended to provide a new, democratized management structure for businesses, projects, and communities, in which any member can vote on organizational decisions just by buying into the project.
#dao
#blockchain
#cummunity
It is a web3 idea that allows communities, corporations, or any type of collective organization to be administered and governed without centralized leadership, thanks to the ability of blockchain.
DAOs are intended to provide a new, democratized management structure for businesses, projects, and communities, in which any member can vote on organizational decisions just by buying into the project.
#dao
#blockchain
#cummunity
What's Happening on Alien Worlds' Weekly Twitter Space?
Join us this Thursday at 17:00 UTC as we go Through the Wormhole
This week's guests are the Boid team captivating us with the technology behind their Alien Worlds Community Avatar Maker and we'll also be doing a deep dive into the ever-growing Interplanetary Foundation with their chosen representative.
Location: https://twitter.com/i/spaces/1djxXlRVBXoxZ
#p2e #nft #dao
This week's guests are the Boid team captivating us with the technology behind their Alien Worlds Community Avatar Maker and we'll also be doing a deep dive into the ever-growing Interplanetary Foundation with their chosen representative.
Location: https://twitter.com/i/spaces/1djxXlRVBXoxZ
#p2e #nft #dao
MUA DAO aims to bridge the gap between Web2 and Web3, for enterprises to create, operate and manage digital assets across Metaverse platforms.
Source: metaverse post
#MUADAO #dao #Metaverse #web3 #web2
Source: metaverse post
#MUADAO #dao #Metaverse #web3 #web2
NounsDAO is heading toward a treasury split in one week’s time after a critical mass of owners of the cutesy, colorful digital collectibles moved to conduct crypto’s latest “rage quit.”
Source: Coindesk
#crypto2023 #nft #dao
Source: Coindesk
#crypto2023 #nft #dao
BitDAO's MIP-22 proposal has been successfully passed, with approximately 170 million $BIT tokens voting in favor and 655 BIT tokens voting against.
#dao #crypto2023 #crypto #dyor #bitdao
#dao #crypto2023 #crypto #dyor #bitdao
⚡️ Arbitrum DAO approves ARB steaking proposal
The income will be funded by the Treasury and distributed over 12 months via a smart contract
#ArbitrumARB #ARB #dao #ArbitrumStats
The income will be funded by the Treasury and distributed over 12 months via a smart contract
#ArbitrumARB #ARB #dao #ArbitrumStats
RHUNA is a fintech platform aiming to revolutionize the events and entertainment industry by integrating Web 3.0 and blockchain technologies. It features integrated digital wallets for cryptocurrencies, simplifies payment processes, and pioneers Decentralized Autonomous Organizations (DAOs) for event planning, giving the community a voice in decision-making.
#rhuna #fintech #blockchain #dao
#rhuna #fintech #blockchain #dao
Web3 platform Analog has closed a $16M funding round, led by Tribe Capital, with support from NGC Ventures, Wintermute, NEAR Protocol, Orange DAO, and more.
The company is excited to continue building cross-chain communication tools.
#web3 #analog #NEARProtocol #dao
The company is excited to continue building cross-chain communication tools.
#web3 #analog #NEARProtocol #dao
I have been looking for a best governance platforms i only knows about snapshot
Please suggest more thank in advance
#voting #governance #dao
Please suggest more thank in advance
#voting #governance #dao