IdeaFoundry Docs
  • Welcome to IdeaFoundry
  • Becoming a Founder
  • Platform Deep Dive
    • Rapid Idea Transformation
    • Tokenized Agents and Marketplace
    • Build to Earn
    • The IdeaFoundry Token and DAO
  • An IdeaFoundry Agent's Lifecycle
  • User Journeys
    • Underserved Populations
    • Innovators with Just an Idea
    • Entrepreneurs and Enterprises
    • Time-Sensitive Projects
    • Small to Large Businesses
    • Investors and Influencers
    • Professional Coder Rebuilding Their Career
    • Visionary No-Code Builder
  • Fine-tuned Innovation
    • Innovation Modeling
  • Competition
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  1. Platform Deep Dive

The IdeaFoundry Token and DAO

Overview: IdeaFoundry uses the IdeaFoundry Token to operate as a decentralized autonomous organization (DAO) where users participate in governance and collaboratively build the platform. The governance structure is token-based, enabling transparency and incentivizing active participation. Please see sample ERC20 templates in the appendix. .

Key Features:

  • Governance Token: A single utility and governance token for staking, voting, and platform interaction.

  • Voting Mechanisms: Quadratic voting to ensure fair participation and mitigate centralization risks.

  • Remix to Earn: Users earn tokens for meaningful contributions and remixing the IdeaFoundry platform itself.

  • Subsidies: Users vote on which projects to subsidize and what types of subsidies.

User Journey:

  1. Stake IdeaFoundry tokens to participate in governance.

  2. Propose changes or vote on platform evolution decisions.

  3. Earn tokens for contributions like remix submissions or successful proposal implementation.

  4. Monitor governance progress via a transparent dashboard.

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Last updated 3 months ago