Noname DAO Is Live on Polygon and Aims to Build a New Method of Investors and Founders Collaboration

Noname DAO is live on Polygon and aims to build a new method of investors and founders collaboration.

Noname DAO is the ultimate membership powered by a community of blockchain founders, investors and experts bound together by shared values and shared incentives.

Mission of Noname DAO is to fund awesome projects that people really need in the crypto area through voting using a collective treasury. The fundamental idea is to separate the entire treasury into a portfolio by directions: venture/medium to high risk/conservative investments.

Nonamers can share and propose their knowledge of profitable investment options which the whole community can profit from using its large accumulated funds once DAO decides to approve it. As a popular chain with low fees, Polygon will improve transparency of Noname DAO and speed for daily auctions.

The Noname Auction Contract acts as a self-sufficient generation and distribution mechanism, auctioning one Noname every 24 hours, forever. 100% of auction proceeds (MATIC) are automatically deposited in the Noname DAO treasury, where they are governed by Noname owners.

While settlement is most heavily incentivized for the winning bidder, it can be triggered by anyone, allowing the system to trustlessly auction Nonames as long as Polygon is operational and there are interested bidders.

To join Noname DAO, you must hold one or more Noname NFT’s.

Treasury focus

Support early stage blockchain initiatives based on Polygon

Play to Earn market

DeFi Bridges Protocols

Staking

Providing Liquidity

Other DAO’s

About Polygon

Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 3000+ applications hosted, 1B+ total transactions processed, ~100M+ unique user addresses, and $5B+ in assets secured.

If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your dApp, get started here.

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About Noname DAO

Noname DAO is an experimental community that aims to build a new method of connecting investors and founders for collaboration. Nonamers can share and propose their knowledge of profitable investment options which the whole community can profit from using its large accumulated funds once DAO decides to approve it. It’s the ultimate membership powered by a community of blockchain founders, investors, and experts bound together by shared values and shared incentives.

Mission of Noname DAO is to fund awesome projects that people really need in the crypto area through collective voting using a collective treasury.

Website | Discord | Twitter | Telegram

Source : cryptodaily.io

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