stoat (OP)
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January 24, 2019, 12:42:48 AM Last edit: July 18, 2019, 05:03:32 PM by stoat |
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UMBRELLA DAO D e c e n t r a l i s e d I C O M a c h i n e Token contract address: 0xdeC2A83Cf1F29CD9570F9d63Bb91Cb777Ee3CbC1 Token symbol: RAIN (UmbrellaToken) Total supply: 1,000,000,000 (1 Billion) Decimal points: 18
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| 5 stages of DAO development: Inception: The decision to create a DAO is taken. A token is minted that will form the basis of the DAO. At this stage the DAO is essentially one person. The aims of the DAO are decided at this stage, but apart from the token itself, the rules have yet to be committed to code.
Distribution: The token holder distributes the tokens to anyone who wants some, and they fall into the hands of like-minded people. At this stage, the token has no, or very little, monetary value, only representing an interest in the philosophy and aims of the DAO.[WE ARE HERE] Eventually the tokens may begin to have a market value and the funds raised from selling the tokens to people who want to own the DAO become the funds of the DAO.
Congregation: As ownership of the DAO becomes more decentralised, and the funds of the DAO grow, it becomes necessary to code smart contracts that control DAO funds. A forum and front end for a smart contract are made to allow token holders to vote on proposals.
Iteration: As the DAO begins to exercise control of its own capital, interaction with outside influences will create a recursive feedback loop of constant fluid updates to the rules governing asset flows. The exponential efficiencies in skilled labour costs enabled by the trustless nature of smart contracts allow for rapid capital expansion and reinvestment.
Final: The DAO vertically integrates several large industries and becomes part of the social fabric. Voluntary collective ownership becomes the norm for the vast majority of utilities. A plurality of decentralised organisations operate various commercial and public enterprises. A sustainable and productive future for humanity is assured.
Aim of Umbrella DAO: The mass tokenisation of all real world and intellectual assets is imminent. Umbrella DAO aims to generate equity for the DAO through issuing public offerings of such tokenised assets and securities. Umbrella DAO token holders will vote on investment proposals that have been submitted to the DAO, then use DAO funds to raise capital from selling tokenised securities of those assets in public offerings. Umbrella DAO will retain a share of equity in the finished revenue generating asset, which will provide dividends to DAO token holders or be partially disposed of to provide capital for exponential expansion.
Why this is important: The process of liquidation of real assets into tokens held on trustless decentralised ledgers must itself be decentralised if it is to fulfill the full utility of the available technology. The potential for coercion and economic monopoly inherent in the transformational process of tokenisation necessitates the reaction of a voluntary decentralised alternative.
RAIN (UmbrellaToken) tokens are used to:
Log in to the Umbrella forum by signed message or Metamask*
Vote through smart contract portal*
Receive dividends
*not required
What to do next?
Join the discussion on Discord to claim FREE 10,000 RAIN
Complete tasks for RAIN bounties
Submit a proposal for a security tokenisation project according to Umbrella DAO specfications
\/ \/ \/ Click Here \/ \/ \/
/\ /\ /\ Click Here /\ /\ /\ **To participate in the sale, place an order Forkdelta.
**Total of 800 Million tokens for sale (80% of total supply)
**Sale ends october 28th 2019
- UmbrellaFoundation分傘組織2019
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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LoveCryptoAll
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January 24, 2019, 01:49:50 PM |
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Judging by the name - an umbrella, you have far-reaching plans. Lead the world to a zombie disaster, the destruction of humanity. Joke. But, lovers of Mila Jovovich will surely join you.
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dzkrb1966
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January 24, 2019, 02:21:05 PM |
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Yes - I agree with you. Cool name for the project. A well-chosen name - they say this is half the success. Only the emblem of the umbrella should be changed.
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stoat (OP)
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January 24, 2019, 04:26:37 PM |
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Yes - I agree with you. Cool name for the project. A well-chosen name - they say this is half the success. Only the emblem of the umbrella should be changed.
Thank you. We'll bear what you said about the logo in mind.
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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January 24, 2019, 09:58:14 PM |
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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February 04, 2019, 02:45:51 PM Last edit: July 18, 2019, 05:04:01 PM by stoat |
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\/ \/ \/ Click Here \/ \/ \/
/\ /\ /\ Click Here /\ /\ /\
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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February 06, 2019, 04:57:51 PM |
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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February 23, 2019, 09:59:54 AM |
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Thank you to our bounty hunters
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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July 18, 2019, 05:00:40 PM |
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read the "5 stages of dao development"
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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July 19, 2019, 02:35:36 AM |
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bump
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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stoat (OP)
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July 20, 2019, 02:03:44 PM |
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big things are happening with umbrella dao in the near future. development on multisig wallet and token vote system. watch this space.
decentralisation matters
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| FREEDOMRESERVE | Free currency for the British Isles Visit our website for more info <-- Click here! | | FREEDOMRESERVE By the People and for the People |
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monineklutak
Sr. Member
Offline
Activity: 1890
Merit: 252
The OGz Club
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July 20, 2019, 05:00:18 PM |
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big things are happening with umbrella dao in the near future. development on multisig wallet and token vote system. watch this space.
decentralisation matters
will the IEO be held at Forkdelta? I hope the Umbrella can be held in several large markets, such as kucoins, Hitbtc or Bittrex
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