IDEA: The IdeaFoundry Token and DAO

🔗Overview:

IdeaFoundry uses the IdeaFoundry Token (IDEA) 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.

Coming soon.

⚙️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.

  • Build-to-Earn: Users earn tokens for meaningful contributions and building the IdeaFoundry platform itself.

🗺️User Journey:

  1. Stake IdeaFoundry tokens to participate in governance and more.

  2. Propose changes or vote on platform evolution decisions.

  3. Earn tokens for contributions like build-to-earn submissions, successful proposal implementation, treasury contributions.

  4. Monitor and particpate in governance progress via a minimalist dashboard.

All subject to change.

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