Jannah Theme License is not validated, Go to the theme options page to validate the license, You need a single license for each domain name.

HistoryDAO’s mission to take history from the winners and give it to the masses – Sponsored Bitcoin News

Since prehistoric times, humans have etched images into cave walls and tied knots to crudely woven cords in an attempt to preserve memory. Tribes and clans created languages ​​that could preserve the past in words, and the words became printed forms, thereby imagining history.

In the information age, the Internet has become the bearer of historical records, achieving near-geological levels of permanence through the power of immutable “blocks” recorded in blockchains.

Blockchain was a timely development and indeed the solution to the curse of history.

What is the curse of history?

Centralized historical record: From ancient times to the present, the power to record history has been in the hands of centralized organizations. Informal histories and folklore records may be available but are hidden by the media aristocracy. As we gather strength, this situation is still standing and is definitely getting worse. Meanwhile, the world of cryptocurrencies has created a means of recording that central authorities cannot access.

The amount and complexity of information is overwhelming. Underneath the masses of data that define the Information Age, it is almost impossible to determine or assert what is true. The muted ordinary person lacks the means to assert his history. Perhaps in the future, just as it has survived for centuries, so few things that can be believed about us will survive.

HistoryDAO aims to solve the above through Web3 and blockchain technology.

Carrying History with Blocks

While in exile, Herodotus wrote the book History (Ἱστορίαι) from his perspective, recording what he heard and saw during his travels through the Persian Empire in the 5th century BC. This is the first complete historical source in Western history. The Roman orator Cicero called him “the father of history”.

Even as objective as Herodotus intended, everything he recorded was inevitably subjective from his point of view. The historical record usually lacks a degree of impartiality in this regard.

There is a famous saying, “History is written by the victors,” but the truth is known by those who have experienced it. Even the ancient Greek historian Thucydides attempted to overcome this problem by engaging in rigorous data collection and causal analysis. He consciously avoided relying on third-party impressions, stating, “The events described are those I have seen or have carefully studied after hearing from first-hand observers.”

Herodotus and Thucydides were great historians.

Blockchain may have the answer.

HistoryDAO decentralizes the power of historical records, just as Bitcoin decentralizes minting power.

Thanks to blockchain technology, HistoryDAO allows users to issue, query and trade NFTs of any record on the Ethereum and BNB chains.

● HistoryDAO supports various data formats in the form of history records for users to record multi-dimensional information.

● HistoryDAO has a secondary market for NFTs, allowing users to efficiently discover, evaluate, trade, manage and ultimately evaluate moments and histories.

● HistoryDAO is fully owned and managed by the community, and the community agenda fully drives DAO development.

Simply put, HistoryDAO is an NFT platform powered by DAOs, decentralized community organizations.

HistoryDAO provides services for recording personal histories, but there are also histories agreed upon by DAO organizations. The community is responsible for documenting weekly, monthly and yearly historical figures, historical processes, historical albums and significant historical events. .

How does HistoryDAO organize and commercialize its products?

Let’s take a closer look at HistoryDAO’s features and services from three aspects.

Foundry History NFTs and the Secondary Market

As mentioned above, HistoryDAO allows users to record various historical information. These information are held in the user’s blockchain wallet in the form of an open, transparent and 100% tamper-proof NFT.

Again, it doesn’t matter what data the user logs. Any piece of life is enough: pleasant memories with friends and loved ones, and great gaming moments. When people of the future recreate the lives of their contemporaries through his NFTs recorded by HistoryDAO, they will have much more confidence in the date and intact preservation than the ancients did by studying Ching Ming maps. will have

When creating an NFT, HistoryDAO users pay 0.01 ETH between service fee and gas fee. Service fees are transferred directly to his DAO-managed Market Liquidity Reserve, which is the DAO’s Treasury.

User-created historical NFTs will be distributed and traded on the secondary market, with a 2% commission on trading to the HistoryDAO market. This is also forwarded to his DAO Treasury.

The HistoryDAO market also sorts various historical NFTs. Sorting refers to multiple properties such as listing time, page views, and favorites for the corresponding NFT. Additionally, each new algorithm change should be proposed in the DAO and supported by the community to ensure that the publication of each historical NFT is as fair as possible.

Initial NFT Offering (INO)

To make history recording more efficient, HistoryDAO introduces the concept of “Initial NFT Offering” or INO. All users can post topics to the NFT’s collection. This is done by co-building a collection of NFTs with other community members.

Consider a sporting event as an example.

In basketball and other sports seasons, users can create NFTs for each game and record details of each game through information such as photos, video clips, and player data as the season progresses. Of course, his NFTs in beautiful games are easier to collect than his NFTs in normal games, and his NFTs in finals are easier to collect than in previous playoffs. Users can, at any time, select the best moments from any number of games to create NFTs after the season. Highly effective.

Of course, this is just one example from the wider world of sports. But his INO campaign, launched in HistoryDAO, could fall into any category imaginable.

Brands with innovative marketing ideas can use HistoryDAO to commemorate their campaigns with NFTs and keep them alive through transactions and audience engagement.

DAOs and tokens

Unlike other NFT platforms, HistoryDAO focuses on community interaction and community power. HistoryDAO is a platform for recording history, not an NFT trading market. Therefore, HistoryDAO would like to pay more attention to the algorithm of community activity in product design and build a strong community product like Reddit.

The power of community means, in part, the centralization of historical records and the impediment of free speech. Decentralized communities can resist censorship of historical records by powerful interest groups. They will increase people’s enthusiasm for decentralized historical records and increase the value of HistoryDAO NFT.

Governance of HistoryDAO is facilitated by its native token $HAO. Possession of $HAO is an entry qualification to participate in DAO. Once in the DAO, community members can perform governance actions such as submitting suggestions, commenting, and voting.

In addition to governance, $HAO applies to all aspects of the HistoryDAO product. For example, if the market makes his NFT trades, the market only charges a 1.5% fee instead of the standard 2% if you use $HAO to pay.

From Testimony to Writing: How HistoryDAO Powers Web3

There is no doubt that history has a special meaning for humanity and each human being. As Tang Taizong Li Shimin said, “If you look at copper in a mirror, you can adjust your clothes. You can know the rise and fall.”

History is the foundation upon which we move forward.

However, relevant interest groups often correct historical records by covering up scandals and bending records for private purposes. In any case, the historical record is often guided by subjective feelings and loses its inherent impartiality.

Today, HistoryDAO reverses the shortcomings of historical records through blockchain and NFT technology. But just like Bitcoin decentralizes mint power, HistoryDAO decentralizes the power of history.

Historical records that are decentralized and difficult to falsify record history from multiple perspectives and pursue the fairness and credibility of historical records.

This is the embodiment of the spirit that Web3 advocates. Web3 advocates individual sovereignty and individual value in the context of diverse communities. In that case, we believe that the winners will no longer be writing history and that all humans will be able to participate equally.

NFTs that relate to real-world topics make Web3 more relevant to the real world and attract more people to actively explore the world of Web3. Enabling his NFT adoption through an accurate historical record will also facilitate further development and maturity in the Web3 world.

In addition, INO campaigns led by HistoryDAO can also provide strong marketing support for various brands. It is trending to market the Web2 brand he Web3 means. The launch of CryptoPunks custom NFTs by Tiffany and Starbucks’ Starbucks Odyssey program are good examples.

As the Web3 world becomes more influential, more and more Web2 brands are looking at ways to use Web3 in their marketing campaigns and community growth. For unfamiliar Web2 brands, all you need is a simple and intuitive Web3 marketing plan.

And the INO campaign launched by HistoryDAO fulfills this need. This type of demand could be one of the main drivers of HistoryDAO’s future growth.

Stone, then text, now blocks

HistoryDAO’s founding mission was to enable anyone to record history without being subject to centralized power. The essence of HistoryDAO is to enable the decentralization of the power of historical records.

This is definitely groundbreaking and a deconstruction of the spirit of Web3. Web3 is more than decentralized finance because it involves multiple levels of thought, application, and integration into human culture. With the power of decentralized historical records granted by blockchain technology, everyone in this world will have the opportunity to say “I came, I saw, I recorded!” just like Caesar.

This is a sponsored post. Learn how to reach your audience here. Please read the disclaimer below.


Bitcoin.com is your source for all things crypto related. For press releases, sponsored posts, podcasts and other options, please contact our media team at ads@bitcoin.com.

image credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. This is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any product, service or company. Bitcoin.com does not provide investment, tax, legal or accounting advice. NEITHER THE COMPANY NOR THE AUTHOR WILL BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY DAMAGE OR LOSS ARISING OR ALLEGED TO OCCUR ARISING OUT OF OR RELATING TO YOUR USE OF OR RELIANCE ON ANY CONTENT, PRODUCTS OR SERVICES DESCRIBED IN THIS ARTICLE. We are not responsible.

HistoryDAO’s mission to take history from the winners and give it to the masses – Sponsored Bitcoin News

Source link HistoryDAO’s mission to take history from the winners and give it to the masses – Sponsored Bitcoin News

Related Articles

Back to top button