KDAO
No. 1120Price
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- Coin Introduction
1. Project Introduction
Kaspa DAO’s mission is to accelerate the growth and expansion of the KRC20 ecosystem by providing funding and support for projects that build utility, foster innovation, and promote ecosystem-wide growth. The DAO’s scope includes:
- Utility Projects: Bridges, wallets, decentralized exchanges, etc.
- Token Projects: Memecoins and other creative tokens.
- Ecosystem Events and Initiatives: Projects that enhance community engagement and drive awareness.
Any project contributing to the KRC20 space is eligible for funding, making Kaspa DAO a driving force behind the ecosystem's progress.
2. Token Application
KDAO token holders will enjoy several key benefits:
- Governance Rights: Influence the direction of the ecosystem by voting on funding proposals
and strategic decisions.
- Revenue Sharing: Receive a share of the tokens or services provided by funded projects,
distributed proportionally to KDAO holdings.
- Deflationary Model: Around 5% of the DAO’s revenue will be used to buy back and burn KDAO
tokens, reducing the supply and making KDAO deflationary over time.
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