As the saying goes, the road to success is not smooth, and neither is the journey to encryption.

DAO re-entered the public’s view in 2022. With the hype of DAO by People and Assange, DAO was once considered as a “trap”, attracting funds with the help of stories, resulting in continuous fraud, and the trust rating once dropped to the freezing point. Today, musk, the world’s richest man, announced his “acquisition” of Twitter after launching a voting mechanism similar to the so-called DAO governance model on Twitter to get a wide range of suggestions.

DAO, return of the King!

The story behind FAMDAO

According to overseas sources, FAMDAO has announced partner financing plans and is already in talks with several well-known capital groups, Examples include AngelOne, ANFS Foundation, BTX Capital, Polygon Network, Winkrypto, BTX, Ceras Ventures, and many others.

FAMDAO is a community-driven DAO that brings unique economic and game theory dynamics to the market through pledges and ties. In essence, FAMDAO is an innovative decentralized reserve currency protocol that introduces unique economic and game theory dynamics into the market through pledge and binding, and innovatively proposes a vote-to-earn approach to innovate DAO governance.

Under the current trend of “X to earn”, DAO’s innate voting behavior mode will become a powerful tool. It will be destroyed while using, making it a “deflationary mode” at the beginning, constantly stimulating the use of consumption tokens, and to some extent, it will also become a “fuel” for the rapid rise of FAMDAO in the future.

FAMDAO made it to the final round thanks to its “banknote power”

According to officials, FAMDAO aims to comfort those who have lost money in their investments and build a common family together. FAMDAO will regularly distribute fund balances from the Treasury to help users achieve their goals.

Externally, FAMDAO is a “philanthropist”, allocating funds to those who suffer losses in the investment and eating the world with great love. Internally, FAMDAO designed the “DeFi” financial model, will hold the currency dividend income, LP dividend income, LP ranking dividend income, LP mining income, pipeline income, value-added income, ecological rights and interests of the seven big income into the bag, from inside to outside, become a steady stream of “living water” in the financial ecology!

New narrative, FAMDAO returns to its essence

Officially, the total supply of FAMDAO’s token FAM is 10,000,000, with project team — 0%, community building — 10%, ecological building — 10%, meta-universe ecological building — 20%, DAO organization — 20%, pledge and mining — 40%.

In 40% of mining, token APO will be applied to Lp and token pledge, along with the emergence of token, individual NFT will be minted, locking part of token value with NFT. In addition, a special NFT market will be set up to handle NFT transactions, and all commissions will be destroyed. Among them, the team token is allocated 0 without reservation, and most of the token will also be used to pledge mining rewards, so as to make adequate preparation for FAMDAO’s long-term development.

As an organization of DAO attributes, FAMDAO in DAO election and voting mechanism, voters can send their collective decision to coordinate different functions of making money opportunities. A specific range of FamDAO token holders can formulate proposals and submit them for a vote, including a financial framework that allows the FAMILY Treasury to generate investment returns to FamDAO members.

In essence, this is also a return to DAO attributes, but also subject to the attribution of the heart!

Pattern open, FAMDAO sword refers to the universe

According to the official news, FAMDAO has announced the first phase of community cooperation list, and started the “Star Up” program, the first batch of IP communities will be announced in a few days. In addition, FAMDAO will also open the public test of the project, carry out ecological construction at the same time, launch NFT and GameFi products, and support Binance Smart Chain and Polygon Chain to achieve cross-chain conversion of different chains.

“Vote to earn” is not just three words, but an idea, a blockchain spirit! This is the reform of the existing voting mechanism, but also full of the spirit of blockchain, independence and autonomy!FAMDAO will also expand its territory and spread the “DAO+DeFi” gameplay to more users, so that the world can enjoy the charm of DAO finance.