More Info About ICO
SingularityDAO
ICO Name | SingularityDAO |
---|---|
Symbol | SDAO |
Start Date | May 06, 2021 |
End Date | — |
Goal | $1600000 |
Stage | ICO |
Platform | Ethereum |
SingularityDAO is a decentralised, blockchain-based organisation with the main goal of
governing DynaSets, diversified baskets of cryptocurrency assets dynamically managed by
AI. Voting power in SingularityDAO is granted by the SingularityDAO token (SDAO).
SingularityDAO brings the sophisticated risk-management strategies of AI-managed funds to
DeFi, using SingularityNET’s superior AI technology.
The DAO allows users to vote on proposals using liquid democracy, also known as delegative
democracy. In effect, this means users can vote directly on proposals, or take a more
hands-off approach by delegating their tokens’ voting power to someone else to vote for
them. The DAO allows users to vote on proposals using liquid democracy, also known as delegative
democracy. In effect, this means users can vote directly on proposals, or take a more
hands-off approach by delegating their tokens’ voting power to someone else to vote for
them. The DAO will control, in a democratic way, which DynaSets are on the platform. It will also
have the power to make changes to the economic variables and protocols of the platform, or
even amend governance protocols. Proposals can be tabled only by the SingularityDAO team
at first, with this power being decentralized to the community of token holders progressively
over 5 phases.