Introduction: SneakerDao, which traces the origin of the shoe industry, has been officially launched on Hotcoin Global on May 1, 2022. After the launch, the price of the token has risen far beyond the largest market expectations, which has brought a very high rate of return to investors who invested in dark horse projects in the early stage.
One of the innovations in the crypto industry is the Decentralized Autonomous Organization (DAO), a form of social organization built on blockchain and smart contracts.
Prominent investor Mark Cuban called The DAO “a combination of capitalism and progressivism.” In the crypto space, DAOs have been called “the most important innovation” and “the future of work”.
The governance of SneakerDao also adopts this brand-new blockchain organization coordination method – Decentralized Autonomous Organization, also known as DAO, which returns the management rights to the community, and the community votes on major issues.
Why is SneakerDao preferred DAO organization?
In the crypto world, 2020 was the era of DeFi.
As of last year, 2021 was the era of NFTs.
However, 2022 will be the era of community DAOs.
Crypto (encryption) is not just a technology, it is an Internet-native economy. Revenue is tracked using ETH; key decisions are made through community governance; transactions are executed through on-chain smart contracts; treasuries are controlled through a multi-signature mechanism; value is captured by tokens.
The DAO is the native organizational structure of the crypto-economy.
DAO are structured to look like modern cooperatives, but over the next decade, I believe they will be comparable in size and impact to some of the largest public companies in the world.
This is also an important reason why SneakerDao insists on building the shoe industry in the form of DAO.
SneakerDao hopes to map the digital identity, social relationship and economic activities of the metaverse and the real world shoe industry chain to the blockchain, build a cross-chain NFT protocol and a decentralized digital asset management platform, so as to be the core NFT + real economy Provide a circulation system to form a decentralized and autonomous global shoe industry ecosystem to meet the future digital business exchange ecosystem.
What changes will the SneakerDao organization bring?
Different from traditional investment, SneakerDao community DAO organization can bring a lot of empowerment by using governance and consensus.
First of all, it is possible to ensure open communication among all members before investing, and to conduct cryptographic votes when necessary to develop and adapt to new changes that arise, making major decisions. Leaders, on the other hand, do not necessarily become decision-makers, and can only influence the theme and direction of the organization through their expertise and influence.
In terms of the investment and distribution of funds, the DAO organization can completely manage the use of funds by using multi-signature voting or tokenized voting mechanisms to ensure the security of funds. It is reported that the SneakerDao community is planning to use SneakerDao to realize the decision-making voting function.
If this investment decision function is realized, the SneakerDao community will realize a major change in the history of token investment. While having the most powerful decision-making consultant team, he returns the decision-making power to all participants in a decentralized way, and quickly builds the largest consensus. The first group of fans quickly solved the main pain points in the early stage of the project.
At present, SneakerDAO has been jointly built by many cutting-edge blockchain research institutes, financial, Internet companies and well-known shoe brand companies around the world. It has strong financial support, perfect theory, technology and operation system, mature team structure and global Elites continue to empower SKER.
Technological Innovation of SneakerDao
In order to realize this vision, SneakerDao has carried out major innovations on many levels.
At the innovation layer, SneakerDao combines the Meta verse with the global shoe industry, creates, disseminates, trades and motivates value through blockchain technology innovation, using encrypted protocols as a way to ensure the privacy and security of users’ assets and data, and solve the problem of Issues such as ownership of data warrants, distribution of interests, and free flow;
At the architectural design layer, SneakerDao has formed a business ecosystem with industrial data, data storage, social DAO, decentralized organizational structure, and SKER (platform token) as the core. Currently covering 6 most modal digital business functions: anti-counterfeiting traceability, supply chain authentication, liquidity mining, data storage, social network, Dapp mall, proposed and the first to realize blockchain technology + standard unification + traceability anti-counterfeiting + Data storage + metaverse link + value exchange + brand communication + community autonomy solutions.
At the technical level, in addition to data storage, cloud computing, cloud servers, IoT chips and other infrastructures, SneakerDao also designed a multi-dimensional integrated SneakerDao including the spatial computing layer, the NFT creator economic layer, the discovery layer, and the metaverse experience layer. Network, which ensures the stability and multi-modality of the SKER ecosystem.
In the future, SneakerDao will establish a metaverse service ecosystem for the global shoe industry supported by SKER, and provide a multi-modal and multi-profit consensus autonomous community for more users, content creators, and industry suppliers.
In order to celebrate the official launch of Hotcoin on SneakerDao, the official launched an airdrop event on Twitter. Just like and retweet, you can get the airdrop.
SKER website: https://www.sneakerdao.net
Twitter: https://twitter.com/Sneakerdao99
Telegram: https://t.me/+9Z5NzwgGlTM2Yjc1
discord: https://discord.gg/BxcjgxHS
Facebook: https://facebook.com/sneakerdao99
