The most important SNS system of $icp provides decentralized code auditing, as well as two important functions: new project financing and governance. It is currently financing the Sneed DAO project. The financing quota is 30,000 ICP, and now there is only 3,000 ICP quota left. The number of people participating in the SNS financing is as high as 759.
Sneed DAO is a decentralized community value storage project. The core group of people are developers and geeks. The total number is 10,000. Trading will burn transaction fees and cause deflation. There are only 9960 left.
Sneed DAO has currently open sourced the original black hole code mechanism, meme coin solution, and meme coin browser retrieval solution. The most popular windog (exe) in the ICP ecology adopts the Sneed solution.
After the success of SNS, Sneed will have more development and innovation, including marketing display, CMC and Binance listing, which should be the direction of Sneed DAO in the next three months.