ADAMoracle Japan Community Conference: Returning the Value of Data to Users

At the end of April, the ADAMoracle project monthly promotion meeting was held in Tokyo as scheduled. Based on the previous online and offline dual channels, ADAMoracle Japanese community representatives and many technology enthusiasts and investors appeared at the meeting to focus on the current blockchain technology. The data dilemma and the importance of community power in a Web3 environment are discussed in depth.

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The huge distributed computing power of the blockchain provides many opportunities for all walks of life, but the important value hidden by a large amount of redundant data is difficult to be discovered and cannot be effectively utilized. At the current stage of rapid development of blockchain technology, the key to this problem is that on-chain computation for large amounts of data is expensive and limited. Judging from the development of the Ethernet network in recent years, although powerful computing resources have brought more innovative applications, they are still limited by limited computing power, and the expansion of off-chain computing is imminent.

ADAMoracle has a natural advantage in off-chain computing. It is a bridge connecting on-chain and off-chain. It can replace smart contracts to perform trust computing outside the chain, and can more professionally complete cross-border data transmission and verification.

ADAMoracle brings together high-quality nodes from many countries and regions in Europe, America, and Asia to form a global wide-area node network. Combined with powerful data transmission and computing capabilities, it provides higher scalability through off-chain computing. Cost-effectiveness and privacy to improve the performance of blockchain networks.

Of course, ADAMoracle’s ability to process data is more than that. Community representatives also introduced the concept of “DataFi” proposed by ADAMoracle to the audience, that is, through the combination, retrieval, analysis and monitoring of on-chain and off-chain data, with text, image, database and other structures It can create direct or indirect economic and social benefits for on-chain applications such as DeFi, NFT, and Metaverse, fully visualize and value on-chain data, and make blockchain expansion no longer limited to data. Chain, but really promote the role of on-chain data in business activities.

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In the development process of ADAMoracle, it has been committed to allowing every role involved in data circulation, such as production data, calculation data, transmission data, and data storage, to obtain corresponding benefits. And ADAMoracle, as a data encryption computing network based on Web3.0, hopes that the value created in the Web3 world can be shared among more people, not just owners and investors.

In early April, ADAMoracle announced the official establishment of ADAO, a decentralized community autonomous organization, to enable users to participate in project governance fairly and protect the rights and interests of every community member to the greatest extent. The user’s holding of ADAO also represents the proof of rights and interests of the project, including voting and governance rights. Users can not only participate in the project construction, but also obtain similar investment income through ADAO.

At the same time, all shares of the token ADAO will be used for community building, and the first 5 billion ADAO airdrop plan has been launched recently. As of now, more than 50,000 users from 12 countries have participated and have received 3.5 billion ADAO airdrops.

We have seen more and more users join the ADAO community construction, which is not only a major progress in the development of ADAO’s ecological governance, but also has a positive significance for ADAMoracle to explore community autonomy.

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Facebook renamed Meta and established a Metaverse, hoping to realize that users do not have to log in to accounts controlled by different companies every time they visit a new site; Musk, the world’s richest man as an encryption enthusiast, acquired twitter, talking about the original intention of wanting to be on the platform Users can gain more freedom of speech. ADAMoracle also firmly believes: Web3 does not belong to a specific group, but belongs to everyone.Therefore, the focus of ADAMoracle’s ecological development is also to consider the distribution of rights and interests of community users in the ecosystem, promote the Web3.0 concept, and truly realize the vision of returning data value to users.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/adamoracle-japan-community-conference-returning-the-value-of-data-to-users/
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