Adshares DAO is an initiative that grants voting rights to 8,400 ADS holders.
Its purpose is to govern the product and the direction of its development with the use of ADS Coin.
Fundamentally, Adshares DAO is governed by its members. Anyone who holds enough ADS can create a proposal.
As a result, significant changes to Adshares DAO should be approved by the entire community through a process called "Adshares Improvement Proposal" (AIP).Read more
Share your thoughts and help shape the future of Adshares.
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AIP can be submitted to the Governance Forum. Forum is a place for initial discussion about Adshares DAO and all improvement proposals.
Voting occurs on-chain on the Adshares DAO Voting Platform. Since Adshares has its own blockchain, voting occurs with the use of Adshares native wallet and Adshares Coin.
Adshares DAO is a decentralized autonomous organization (DAO) run by holders of the Adshares coin (ADS).
With more people and companies joining the Adshares ecosystem our goal is to build a totally decentralized AdTech infrastructure governed by DAO. That is why projects and people need a place to discuss and decide about Adshares future. All of this done in a decentralized manner with on-chain voting.
There are several ways of participating in Adshares DAO:
If you hold ADS on native blockchain you can vote on upcoming DAO proposals.
First voting will occur on-chain, with the use of Adshares native wallet and MVP version of the platform presented on Adshares DAO main page.
Anyone can submit draft of the proposal on DAO Forum. To put a final proposal to a vote you need to have at least 100 ADS on your wallet. Submiting proposal is free, you only need to hold appropriate balance.
Each ADS Coin you hold is equal to 1 vote. Snapshot of your balance (voting power) is taken every 2048 blocks (about 12 days), when staking rewards for current cycle starts to be distributed.
At first you need to submit a proposal on Adshares forum where you should follow the guideliness from AIP Template.
If your proposal aligns with the template and collects 30 initial forum votes it will be queed for on-chain voting. Final version of the Adshares DAO App will be released in Q1 2023 and then all pending votings will take place.
Adshares DAO will have its own fund, details about it will be announced in Q1 2023.