HumanDAO and this post is to confirm the intentions of a partnership with BanklessDAO as and build out the communities and platforms. HumanDAO will utilize DEGEN, the Academy, BED, and have an overlap of builders and contributors.
HumanDAO and Bankless DAO partnership would be extremely beneficial given that there values are identicial to ours which would allow them to build and utilize our infrastructure framework. They have partnership with key players in the industry which include the following:
HDAO is uniquely aligned with BanklessDAO’s vision of one billion+ financially independent people, and would like to leverage the social weight of BanklessDAO to spread awareness of us trying to foster a global middle class through crypto incentives and platforms. Combining for an exponential social impact. HDAO is launching very similar to BanklessDAO, no VC/Private sales and community controlled from the start. Using crypto incentives and platforms for an exponential social impact.
Help can be in the form of education, work, funding, or lending; a type of jobs board, education center, and opportunity zone for the Metaverse and the new digital gig-economy. In the humanDAO, one can learn about the crypto ecosystem, its opportunities, develop their knowledge/skills, find work, or lend assets. We accomplish our goal utilizing new crypto platforms and their innovative business models starting to emerge to create revenue streams that benefit our stakeholders and users.
One of those innovative business models is being able to lend assets safely. The primary example is play-to-earn (P2E) games. HumanDAO loans out non-fungible tokens (NFT) to community members in an ISA (income sharing agreement) style agreement. These NFTs allow members to participate in P2E crypto games, like the popular Axie Infinity game. They earn crypto tokens through playing, which they can exchange for local currency. For lending the NFTs, the humanDAO takes a percentage of the tokens earned.
At its core, humanDAO currently buys yield producing NFTs, governance tokens, and ownership stakes in promising projects and protocols . HumanDAO provides people with opportunities in both emerging markets with wages and developed nations with new profound revenue streams.
Axie Infinity is just one avenue to pursue as many more P2E games are launching. Additionally, gaming is only one vertical to utilize. The humanDAO only wants to leverage P2E as PART OF our mission to utilize crypto to onboard the masses from the bottom up and improve underserved communities.
In general, the DAO’s activities will include:
Producing revenue through the rental or sales of DAO-owned assets.
Building a global community of users who play competitively and collect in-game rewards.
Utilize a portion of the revenues to feed those in underserved communities.
Educate the masses onboarding through P2E about crypto and web/3.
Fund projects from micro-lending to more ambitious projects.
Allowing the community to participate in the DAO by passing proposals and voting.
More Documentation on HumanDAO can be found here:https://docs.humandao.org/
One of a kind DAO Structure that institutions their P2E platform on a Super Guild Structure
The humanDAO will utilize a Super Guild approach where the main DAO (humanDAO in pic) has a wide variety of operations and control across multiple games and revenue opportunities called subDAO’s. SubDAOs were popularized by Aragon.
The entire humanDAO network will consist of multiple layers and is structured to look for new opportunities, stimulate growth, decentralize decision-making, and treasury preservation.
A subDAO is created for each P2E game the humanDAO takes part in and other revenue or yield generating opportunities in the future outside of P2E. The subDAO’s will consist of subject matter experts, users, players, and contributors that analyze opportunities, debate, and plan out a course of action regarding the best strategies to utilize for a particular game, revenue stream, or yield opportunities. Therefore, different strategies can be utilized to maximize returns.
SubDAO’s will have their own governance structure but share the same token. This ensures that all HDAO token holders benefit from asset appreciation and revenues from the varying strategies within each subDAO.
This is the Super Guild model (all subDAOs share the same token) compared to the Guild of Guild (all subDAOs have their own token). In the GoG approach, popularized by Yield Guild Games (YGG), there is a possible attack vector by which subDAOs having their own token could incentivize them to break away from the main DAO if they reach a formidable size.
To solidify this arrangement, we propose giving BanklessDAO 5 million HDAO tokens from the builders allocation. (More info here - Token Issuance - humanDAO ) The token and vesting contracts are currently not live. We will soon deploy them and create a vesting entry with the banklessDAO community treasury. We also would like a prominent member of BanklessDAO to be a multi-sig holder for the humanDAO. We have asked Above Average Joe to be that member.
We are wanting to be featured within newsletters and social media accounts. Even when not featured we would like humanDAO info taking up some real estate, similar to sponsors or other partners.
For more information on HumanDAO please visit their website: https://humandao.org/
- YES -Partnership with HDAO