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TMRWDAO Announces the Launch of Network DAO in Collaboration with aelf

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TMRWDAO
July 26, 2024

Tomorrow DAO (TMRWDAO) is excited to announce the official launch of Network DAO, a collaborative initiative with aelf that marks a significant step forward in our shared vision for decentralised governance within the blockchain community.

TMRWDAO, built on the high-performing Layer 1 aelf blockchain, is a platform designed to empower communities and enhance operational efficiency in the decentralised space. We serve to provide the necessary tools and infrastructure for decentralised communities to flourish, facilitating a seamless transition from Web2 to Web3 environments.

Network DAO, deployed on TMRWDAO’s DAO creation platform, embodies our dedication to advancing decentralised governance. This strategic collaboration with aelf enables both Block Producers (BPs) and community members to participate actively in decision-making processes, reinforcing our commitment to a transparent and democratic governance structure.

Features of Network DAO:

  • Proposals: Empowers community members from both TMRWDAO and aelf to submit proposals, which are then voted on by BPs, steering the future direction of the blockchain ecosystem.
  • Organisations: Supports the establishment and management of decentralised organisations, enhancing collaborative efforts within the community.
  • BP Elections: Facilitates transparent and equitable elections for Block Producers, critical for maintaining the integrity of decentralised governance.
  • Contract Management: Simplifies the process of deploying and updating smart contracts, making governance more efficient.
  • Resource Token Trade: Enables the fluid trading of resource tokens, vital for the economic sustainability of the ecosystem.

With the introduction of Network DAO, all governance functionalities of MainChain AELF and SideChain tDVV have transitioned from aelf Explorer to this new platform. We encourage all participants to utilise Network DAO for engaging in governance activities — from proposal voting to contract management and resource token trading.

This initiative reflects our ongoing commitment to fostering a robust and transparent decentralised governance ecosystem. We are proud to partner with aelf in this endeavour and look forward to seeing the positive impact of Network DAO on the blockchain community.

Getting Started with Network DAO

For those looking to dive into the functionalities of Network DAO, please refer to the detailed Network DAO Tutorial. This resource provides comprehensive guidance on how to make the most of the platform’s features.

Stay connected with the TMRWDAO community:

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Type of DAODescription
Protocol DAOCommon in DeFi, these DAOs manage decentralised protocols like lending platforms or exchanges. Protocol DAOs empower community members to influence the development and rules governing these financial ecosystems.
Grant DAOGrant DAOs focus on allocating funds to support projects and initiatives, often driven by community votes. These DAOs are pivotal in encouraging open-source innovation and backing social impact causes within the blockchain community.
Social DAOThese function like digital social clubs but are open to anyone with the required membership token. Social DAOs foster vibrant communities around shared interests, from gaming and art to lifestyle and professional networking.
Investment/Venture DAOInvestment DAOs pool resources to access diverse investment opportunities, allowing participants to collaborate on funding start-up ventures and projects. By sharing the risks and rewards, token holders gain exposure to investment avenues typically reserved for larger institutions.
Entertainment DAOFocused on content creation, curation, and community-driven projects, these DAOs fund and support creators in fields like music, film, and gaming. Entertainment DAOs bring fans and creators closer, enabling them to co-own and shape the media they love.
Collector DAOCollector DAOs unite individuals interested in co-owning high-value collectibles, especially in the NFT space. Through pooled funds, these DAOs acquire, curate, and hold assets, often with members voting on key decisions regarding acquisitions and sales.
Service DAOThese DAOs organise and coordinate groups of professionals to offer decentralised services, from consulting and design to development and marketing. Service DAOs democratise access to talent, giving freelancers and gig workers a way to collaborate and earn within a structured community.
Media DAOMedia DAOs empower content creators and audiences to shape media platforms and publications. Members have a say in editorial decisions, funding, and platform direction. This decentralises media narratives and information distribution.