Edgeverse DAO- Whitepaper
  • Abstract
  • Introduction
    • Problem Statement
    • Solution Overview
    • Objectives
  • Background
    • Edgeware Blockchain
    • Edgeware ecosystem’s highlights:
    • Historical events and timeline
    • Struggles and Setbacks: Unraveling Edgeware's Blockchain Journey
  • Overview of Edgeverse DAO
    • Platform
    • DAO Plugins
      • On-chain Reputation
      • Multichain-Governance
      • Payroll Management
      • Court
      • Agreements
    • Governance Mechanism
    • Token Economy
  • Features and Benefits
    • Decentralized Decision-Making
    • Legal Entity in the Marshal Islands (MiDAO)
    • Investment Strategies
      • Direct Investment
      • Staked Coin Output Model
    • Multichain Treasury
  • Operations and Functionality
    • Membership and Participation
    • Voting Mechanism
    • Proposal Submission and Evaluation Process
    • Smart Contract Integration
    • Revenue Models
  • Use Cases and Applications
    • Edgeware Ecosystem
    • Supporting Innovation and Research Initiatives
    • Earn lifelong benefits by staking EDGV tokens.
  • Roadmap
    • Phase 1: Foundation (Q1-Q2)
    • Phase 2: Growth (Q3-Q4)
    • Phase 3: Ecosystem Development (Beyond Q4)
  • Tokenomics
    • Token Information
    • Token Allocation
    • Fund Allocation
    • Sale Details
  • Others
    • Risks and Challenges
    • Conclusion
  • Website
  • X.com
  • Telegram
Powered by GitBook
On this page
  1. Background

Edgeware ecosystem’s highlights:

  • High performant being a substrate solochain. Dual smart contract environments (EdgeEVM and EdgeWASM) to leverage the full potential.

  • The oldest substrate mainnet. (The second substrate mainnet launched right after kusama.)

  • The most fair distribution was achieved via the industry's first lockdrop mechanism, which airdropped 90% of the supply to the Ethereum holders. Binance, Coinbase Ventures, Framework Ventures, KR1, Waterdrip Capital, Hashkey Capital, LedgerPrime, and Aragon are the entities/VCs/DAOs that announced their lockdrop participation publicly. Every single Lockdrop participant had the same algorithmic participation methods and rules as others, irrespective of whether they were VCs or day-to-day enthusiasts.

  • Bootstrapped without any token sale or VC backing.

  • Decentralized in every aspect, being a true chainDAO. Completely community-owned and not just community-run.

  • It started as a governance experiment but became a self-sustainable ecosystem due to a community-governed balance between inflation and Treasury spending. (The community so far funded diverse types of proposals, like those for developments, integrations, incubations, even social goods and not-for-profit initiatives, through the on-chain treasury, which is accessible only through the on-chain democracy.)

  • Dramatic history where the community collectively voted against the founding team's over-budgeted treasury proposal and took over the ecosystem responsibility when the team moved away from responsibilities.

PreviousEdgeware BlockchainNextHistorical events and timeline

Last updated 1 year ago