Gold DAO's journey is charted through an evolutionary roadmap, set to transform the gold market into a fluid, accessible and decentralized ecosystem.
At the center of this transformation is #Blockchain technology, which serves as a fundamental layer for a series of strategic phases that complement each other, reinforcing the project and expanding the possibilities.
Phase progression and synergy:
The roadmap of #Gold #DAO is not simply a timeline of events, but a superposition of phases, each adding depth and utility to the last.
Phase 1 laid the groundwork with GLD NFT, linking physical gold to a digital counterpart thanks to Yumi and ORIGYN.
Phase 2 will amplify this by introducing fungible cross-chain GLDT tokens, thereby improving liquidity and paving the way for widespread adoption and integration into DeFi platforms.
Phase 3 will introduce #USDG , a gold-backed stablecoin, establishing a stable value proposition within the ecosystem. This stage is the culmination of the Gold DAO vision, which represents a fusion of physical asset stability with digital flexibility.
Community Empowerment and Technology Transfer:
The roadmap is also an empowerment narrative. The upcoming SNS (Nervous System Service) will usher in an era where community members will be able to influence decisions and be rewarded for their participation. This is not just a theoretical commitment, but a tangible one, as demonstrated by the plan to stake 80% of the 1 million ICP target, thus reinforcing the long-term commitment. long-term commitment of the team to the success of the DAO.
Additionally, the community has an important voice in this, as they will vote on proposals submitted through the decentralized governance system and receive rewards for their participation. The community controls 58% of the voting power, ensuring that decentralization is a tangible reality and not an illusion.
The technological backbone supporting this empowerment includes the GLD exchange container's ledger and ledger index, which will be automatically transferred to the community. It is paramount to ensure that GLDT's core exchange functionality is stable and robust, and delivery of these critical components will occur within weeks of launch, ensuring a smooth transition to community governance.
Sustainability and evolving roadmap:
The Gold DAO roadmap is not static; is designed to flourish as more builders engage and improve the platform's offerings. Each phase not only stands on its own merits but also supports and enriches the next. The integration of GLD NFTs, GLDT tokens and USDG stablecoins is a testament to a carefully layered approach, ensuring sustainability and fostering innovation.
What is an SNS, why do we do it and how to participate?
To fulfill our decentralized vision, we will launch an SNS immediately after our SNS approval is accepted (starting December 8, 2023). The Serving Nervous System (SNS) is a decentralized governance system that allows token holders to participate in the decision-making processes of a blockchain project. It is similar to a digital democracy where each token is a vote and stakeholders can propose, discuss and vote on changes to the project such as software upgrades, treasury management and policy changes.
This is how you can participate in an SNS, once it has passed our approval, explained step by step:
1. Visit the NNS app: Go to [http://nns.ic0.app](http://nns.ic0.app). This is the Network Nervous System app for Internet Computer, where you can manage ICP tokens, neurons and participate in governance.
2. Deposit ICP – Once there, deposit your ICP tokens into your main wallet. ICP is the native Internet Computer token, which you will need to participate in the SNS.
3. Access the Launchpad: Navigate to the Launchpad section of the NNS app. Launchpad is where new projects are presented to the community and you can participate in their SNS.
4. Choose project: Search and select the project you are interested in. In this case, it would be “Gold DAO” or the relevant project for which you want to participate in the SNS.
5. Participate: After selecting the project, follow the on-screen instructions to participate. Typically, this involves staking your ICP tokens in exchange for governance rights within the project's SNS.
By following these steps, you will effectively become part of the project's governance, contributing to its future direction and decision-making. Remember, active participation requires staying informed about proposals and getting involved in community discussions.
In conclusion:
The Gold DAO roadmap is more than a strategic plan; It is a commitment to create a decentralized gold market where all stakeholders have a voice.
By securing the gold market on the blockchain and providing a stable, usable, cross-chain currency, Gold DAO is poised to become a beacon of innovation in the #RWA space.
As the project develops, the community will not only witness the evolution of the roadmap, but will actively shape it and enjoy rewards as ecosystem utilization grows, ensuring that Gold DAO remains at the forefront of the digital gold revolution.
