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Title: ITO: initial task offering for X53732 Post by: XZer0 on February 02, 2021, 07:34:09 PM This coin will not have an ico since it is a governance token. Governance tokens with ico's or yfi distributions are essentially selling membership and trust to the highest bidder.
It is inefficient to trust someone the most in your DAO because 6 months ago they locked up 100 million dollars for a week. Instead we will only be doing an initial task offering and then minting coins as a bonus reward for the completion of future tasks on the platform (tasks can be added by high tier members once the platform goes live) Our DAO supports the development of X53732.org (http://X53732.org) which is going to be the first equally distributed currency and the only one that is truly decentralized and more ready for global adoption than btc or other currency focused coins like libra. The details for the initial task offering can be found here: https://zer0-53733.medium.com/x53732-dao-initial-task-offering-64a8a3fe952f |