Press release
The concept of Decentralized Autonomous Organizations (DAOs) is perhaps the best governance strategy that blockchain technology has to offer: a fully decentralized structure in which all parties are eligible. All events have a say in the activities of an organization. This means that there is no top management controlling the platform or organization, no boardrooms, no board members and certainly no responsible development team. Power is distributed to the people.
DAOs are a very good example of how the power of decentralization and collaboration can work effectively towards a common goal. However, in attempting to transfer power, the DAOs plunged into the bigger picture.
This is due to the basic way DAOs work. Governance tokens are distributed to the public in a number of ways. Only holders of these tokens can become stakeholders and have the right to propose or submit operational changes, technical upgrades and others.
In short, each DAO has its own set of rules and operates independently, creating a connectionless nature. It is these different aspects of the silo-like existence that NnsDAO seeks to disrupt.
NnsDAO creates what it calls Internet Computing, a vast, digitally connected network in which every user and device acts as if it were part of a global computer. NnsDAO envisions a world where all applications, computers and users are interconnected.
The actual implementation of Web 3.0, NnsDAO, will ensure the data protection and privacy of all users while allowing anyone to join any subset of the DAO, contribute to projects, switch platforms, or run different programs and applications. Everything is controlled by smart contracts and with no regulatory agency, NnsDAO offers complete freedom to do whatever you want at will.
The Foundation has various options to make all of this possible. For example, Ipscan is a blockchain scanner service from NnsDAO that works inside its internet machine and acts as a single place where all blockchain activities – like wallets, leaderboard tokens, transaction tracking, etc. – are connected. Ipscan not only becomes a one-stop block explorer, but aggregated data helps all participants to analyze and better understand the dynamics of the chains involved.
Icptree will help create value by bringing like-minded people together. Common interests will be taken into account and DAOs within the NnsDAO will be better able to connect with the right people, opening new frontiers to project feasibility.
As a central location for all blockchains and connected DAOs, Icodrops offers users the opportunity to participate in all token airdrops on the participating platform. Instead of looking for the next free token drop, it can save users time and effort. For projects, this means that they can access a larger user base.
Texas Hold’em is a real-world use case of NnsDAO where anyone can freely participate in the game. With over 15,000 players and 57,550 games running, Texas Hold’em has shown that NnsDAO-based Motoko actor smart contracts can help process winnings and payouts on a large scale.
NnsDAO is suitable for everyone and recently hosted an “Ask Me Everything” (AMA) session related to the Internet Computer Protocol. The session is public and the team discusses not only the potential of the project and the goals of the platform, but also the various benefits it brings to the public. Various public inquiries were answered during the AMA in order to give people a better idea of what the NnsDAO is and how it will help the crypto community as a whole.
NnsDAO also actively operates its token airdrop. Participants can receive their native NDP token for free. It acts as a governance token that allows owners to vote on various aspects of the project after it goes live and remains true to its DAO essence. Reaching NnsDAO’s social networks will also help keep the public informed of any developments including whitelisting for final public sale.
Called itself an autonomous organization without borders, NnsDAO is a perfect example of how independent DAOs and platforms can be connected in a single huge distributed network and synergies can be used, which not only benefits users but also different organizations at the same time.
Website: https://nnsdao.org
Media: https://nnsdao.medium.com
Twitter: https://twitter.com/NnsDaos
Telegram: https://t.me/nnsdaos
GitHub: https://github.com/NnsDao
Discord: https://discord.com/invite/UTZvcDkeDr
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