hDAO
hDAO address KT1AFA2mwNUMNd4SsujE1YYp29vd8BZejyKW token id 0
○ hDAO is a media governance token. They are distributed through NFTs, composing a curated feed. NFTs, tags, galleries are intended to be organized based on hDAO balances. It's purpose is to create a circular economy.
From Hicetnunc's launch (March 1) to mid-April, when you bought an NFT, say for 1ꜩ, you earned 0.5 hDAO, and the seller would also earn 0.5 hDAO. Now that distribution is over, you can only buy hDAO. Continue reading for how to buy hDAO.
- OBJKT (nft) upvoting
- Hicetnunc governance
- Involutive token economics
*as of the 15th of May
implementation ongoing
hDAO overview by Leonard Schoelch
- Tezos FA2 Token
- 651k total supply
- Token of hicetnunc.xyz (~20k xtz 24h volume)
- ~$16 million market cap
- Largest holder <3% of total supply*
Generally you can use Quipuswap. Heres a guide for how to buy with Temple Wallet:
You can currently swap hDAO to Tezos and other coins at Quipuswap, an automated market-making decentralized exchange (DEX) on the Tezos blockchain. You can also earn a share of trading fees by adding your hDAO to the liquidity pools, although this comes with an element of risk.
Here's the original proposal and discussion for hDAO. You can also go to our discord to join the whale watchers in the #tezos channel or learn more in the #hdao-governance channel.
hDAO is a token that can be used to promote NFTs, and there is an hDAO feed on Hic et Nunc which orders NFTs with the most "upvotes" (hDAO balances). The current wallet hDAO balance is shown on each Hic et Nunc profile page in millionths of hDAO, so 0.5 hDAO will show up as 500000. And it is displayed in your wallet as 0.5 hDAO.
When you click on the circle next to an artwork, this upvotes the NFT. You are sending a dynamically priced amount of hDAO tokens to the hic et Nunc HDAO-NFT wallet, and the balance of hDAOs listed on the NFT is increased by this amount. The amount is preset at roughly the equivalent of $0.1 USD. This operation incurs a small blockchain transaction cost of around 0.011ꜩ (sometimes known as a "gas" fee).
The creator of the NFT can choose to withdraw the hDAOs from their wallet, keep it, or use it to vote on other artworks. As the creator withdraws or spends the hDAOs, the balance will be reduced from the wallet. Right now, as of April 21:st 2021, there is no way to withdraw hDAO from a specific NFT, but it's "on it's way".
The hDAOs appear in your profile and should also appear in your wallet.
Visit the hDAO feed.
hDAO KT1AFA2mwNUMNd4SsujE1YYp29vd8BZejyKW
Curations KT1TybhR7XraG75JFYKSrh7KnxukMBT5dor6 (hDAO-NFT wallet)
OBJKT Swap/Mintery KT1Hkg5qeNhfwpKW4fXvq7HGZB9z2EnmCCA9
OBJKTs KT1RJ6PbjHpwc3M5rw5s2Nbmefwbuwbdxton