DAO, a decentralized autonomous organization, is now a trending topic in the market. With DAO, an open-source, blockchain-based protocol with rules enforced by smart contracts that provide an automated way to carry out governance decisions voted on by its members, can offer the community users ownership and democracy in business decisions. Under this wave, multiple projects have been running their community in this way, yet still leaving great potential for future development.
More recently, H2O made its debut in the market, catching users’ attention. Being the world’s first decentralized traffic distribution platform that adopts DAO governance, H2O also equips its community members with the latest blockchain industry news and offer rich benefits to the users. So far, the core members of the community have been acquainted with many blockchain industry project parties, technology development, and exchange resources. Their experience and connections will undouble provide a solid foundation for the construction of the community ecosystem.
As the community is managed in a decentralized way, the rights and obligations of the community members and the future development direction are decided by the community members together. Community members can also enjoy high-quality project benefits, such as token airdrops. In all, with H2O, community members can enjoy the dividends of industry development, shape brand value, and most importantly, promote the growth of the entire blockchain ecosystem.
Thanks to the key functions of H2O, the DAO community has accumulated numerous users, including investors, fans, KOLs, and DeFi lovers etc, which is a solid and vast community base. In addition to serving the community, H2O provides project display channels and traffic support for high-quality projects. So far, over 50 projects have been attracted by H2O and have all offered positive feedback.
The fruitful achievement H2O DAO has gained caught the attention of digital asset exchange. According to the official announcement of Huobi, one of the global largest digital asset exchanges, H2O (H2O DAO) was listed on Huobi’s brand-new token listing platform, Primelist, at 13:00 (UTC) on March 25, 2022. This listing marks the market’s high recognition of H2O in the field of DAO.
In the meantime, H2O is giving away 25,000 H2O tokens to welcome the new era. This is one of the benefits the community users can enjoy aside from token airdrops and whitelisting. The success of H2O DAO ultimately depends on its ability to offer an effective reward system. Therefore, with the sufficient information-sharing mechanism, various activities, and connections with various high-quality projects, the community user can better drive the development of the DAO community and in the meantime be more passionate to advocate the collaborated projects.
In the near future, H2O Community’s own NFT vault will be launched, along with the H2O Community NFT leasing function. By then, users can enjoy more benefits while partners can achieve a higher level of popularity. The listing on Huobi is H2O DAO’s first global expansion move after it launched the market days ago. Being a platform of great potential, any progress and profile-raising are well deserved.
Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.