ADAO A decentralized community autonomous organization based on ADAMoracle

ADAO is a DAO platform based on Web3.0 and supports ADAMoracle encrypted data computing network. Its purpose is to help ADAMoracle develop globally. The vision is to expand the global market by integrating community resources, combining blockchain technology and concepts, and building ADAMoracle oracles into The world’s first data encryption computing network creates a commercial-grade “DataFi” ecosystem for it, so that every role involved in data circulation can benefit from it, truly realize the Web3.0 concept, and return the value of data to users.

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ADAO is not only the abbreviation of community autonomous organization, but also the name of community governance token. The governance token ADAO is a management token based on the BSC smart chain, and is also a token endorsed by ADAM. It can not only be used to participate in the community governance of ADAMoracle nodes, but also can be exchanged for ADAM according to the specific situation.

Due to its unique supply mechanism and role on the ADAMoracle platform, the value of ADAO is closely related to the performance of the entire system. At present, ADAMoracle ecological token ADAM has been listed on the decentralized exchange DODO, and the token price is $8. In the future, ADAO will play a key role in ADAMoracle community voting, community activities, and ecological applications.

ADAMoracle officially initiated and established ADAO

In order to meet the needs of users to participate in the ecological governance of the ADAMoracle oracle machine, ADAMoracle officially announced the official establishment of the decentralized community autonomous organization ADAO, and issued 10 billion governance tokens ADAO to achieve the original intention of the project’s completely decentralized development.

In order to enable the majority of users to participate in the project governance fairly, all shares of the token ADAO will be used for community construction, and ADAMoracle officially achieves zero reservation. This enables ADAO to be completely decentralized at the economic level, and the results of user participation in the governance of the ADAMoracle oracle project can be distributed more fairly and equitably, maximizing the protection of the rights and interests of every community member.

ADAMoracle – the world’s first Web3.0-based data encryption computing network

ADAMoracle is a new generation of blockchain data service provider, with the function of batch data encryption transmission, which can not only connect the world and the blockchain system, but also realize the barrier-free flow of ecological data information on chains such as ETH, BSC, OKExchain, and Solana; ADAMoracle has spawned powerful off-chain computing capabilities by building a global wide-area node network, enabling millisecond-level encrypted computing to realize real commercial-grade “DataFi” applications.

At present, ADAMoracle has developed into an existence second only to Chainlink in the oracle machine race. Although Chainlink and ADAMoracle are both top projects, their development orientation and application functions are not exactly the same. The core of Chainlink’s development is to promote the application, promotion and upgrade of smart contracts; ADAMoracle is to mine the real value of data ; different from Filecoin’s distributed storage network, ADAMoracle aims to build the world’s first data encryption computing network in the Web3.0 era. ADAMoracle will bring major changes in the fields of data encryption transmission, free flow and data realization , laying the foundation for the arrival of the Web3.0 era.

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ADAO ——ADAMoracle Ecological Development Accelerator

As an emerging project in recent years, ADAMoracle still needs a solid fan base and sufficient customer accumulation to achieve a blowout development. The introduction of ADAO can solve this problem very well.

ADAO is a new type of decentralized community autonomous organization, which can realize self-operation, self-governance and self-evolution. ADAO is more cohesive than conventional organizations. Relying on the borderless cooperation of the network to break the time and space constraints, ADAO can bring a wider range of contacts, vision and resources to ADAMoracle; ADAO’s transparency ensures that there is no internal fraud phenomenon, which greatly improves the trust within the organization; participants have ownership The non-hierarchical organizational model makes everyone the owner of ADAO, and this organizational form linked to their own interests can more stimulate the enthusiasm of the participants.

From this perspective, ADAO belongs to everyone who can create value for it. ADAMoracle created ADAO to enable community members to enjoy the governance rights of the project by virtue of the governance token ADAO. With the help of ADAO, it can not only further enhance the decentralization of the ADAMoracle oracle, but also enable all ecological participants to create value as much as they can under the incentive mechanism of the token, bringing more powerful synergy to the development of the ADAMoracle project. effect.

Governance Token ADAO—An Important Supplement to the ADAMoracle Ecological Incentive Layer

ADAO, as a new governance token, will give ADAMoracle ecological participants more comprehensive incentives to ensure that every contributor can get something.

The primary feature of ADAO is openness and transparency. The credibility established by blockchain technology can help the project quickly expand the scope of participants. People can more easily join the prosperous industrial ecology of ADAMoracle, thus creating a closed-loop “digital economy”.

In the ADAMoracle ecology, the governance token ADAO can be used as a value representation to motivate the behavior of participants. Through rewards, everyone can act for their own interests, and the final effect is to maximize the overall economic welfare. For example: the governance token ADAO can be used to reward third-party developers, reward users who bring new followers to ADAMoracle; reward users who participate in community activities or provide constructive opinions, etc.

The user’s holding of ADAO also represents the proof of rights and interests of the project, including voting, governance rights, etc. Users can not only participate in the project construction, but also obtain similar investment income through ADAO. In general, ADAO as an economic incentive will be used in many aspects of ADAMoracle’s ecological operation. It uses classical economics, game theory, and behavioral economics to motivate the behavior of participants.

It is worth noting that the governance token ADAO is an airdrop benefit for ETH, BSC and ADAMoracle ecological participants, and all eligible users can apply for it for free . ADAO has the endorsement value of ADAMoracle oracle, and will develop into a user-led economic ecology in the future. At that time, user consensus will be another decisive factor to enhance its true value.

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/adao-a-decentralized-community-autonomous-organization-based-on-adamoracle/
Coinyuppie is an open information publishing platform, all information provided is not related to the views and positions of coinyuppie, and does not constitute any investment and financial advice. Users are expected to carefully screen and prevent risks.

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