🗣️ DMD Diamond Blockchain DAO — A Glad Tiding To Third Party Projects And Our Members✨✨
As we keep emphasizing, DMD diamond blockchain DAO would revolutionize our structure and function regarding DMD diamond blockchain operations, when it comes into function. Following its release with the upcoming v4.1 upgrade, members of our DAO would have the sole wherewithal to approve funding for third-party projects, from the funds managed by the DAO. However, terms and conditions apply.
For third parties to secure funding approval for their projects, it’s expected of them to request funding through a proposal, and most importantly provide reasons to our DAO on how their project use-cases could add value to our ecosystem.
Then, stakeholders or validator node operators of our ecosystem would take the bull by the horn, deliberate on your request, and look carefully at what your use-cases mean to the DMD diamond blockchain. If all things go the right way, our DAO member’s votes would go in your favor, and hence, you get to benefit from the pull of our funds and support.
Therefore, we present to you an ecosystem — an investment DAO where you the members determine when and where our funds are invested in. Unlike the traditional financial system that powers a relatively smaller unit of intermediaries that has funding, here at the DMD diamond blockchain, we power every member of our DAO that possesses our governance token the right to make decisions regarding investment pursuits.
Profits made from any investments are distributed to members either through airdrops to governance token holders or through a staking mechanism. When you stake your governance token, you would in turn receive a share of rewards which is withdrawable from the smart contract.
Furthermore, our use-cases of the first industry feature HBBFT consensus algorithm, robust security, cheap transaction cost, and high throughput, among others, would provide a background for seamless operability of third-party projects that subscribe to our blockchain.
Looking for a reliable blockchain that crowdfunds to support startups that have value-based use-cases, stay tuned to the update of our v4.1 release that comes with a full decentralized autonomous organization system.
Learn more — https://bit.diamonds/
