Application process

1. Streamlined Association Onboarding and Voting Process

The UWBO DAO prioritizes a smooth and secure onboarding process for member associations. Here's an overview of the key steps involved:

• Simplified Online Application: Associations can conveniently apply through the UWBO DAO website. The application form gathers essential details like the association's activities, location of operation, and membership size. This information helps verify the legitimacy and relevance of each association.

• Rigorous Verification Process: To ensure the platform's integrity, a two-pronged verification process is implemented:

Administrative Review: UWBO DAO administrators thoroughly review the application information.

KYC (Know Your Customer) Check: Standard KYC procedures are used to confirm the association's identity and legitimacy.

• Transparent Token Allocation: Upon successful completion of the verification process, associations receive a pre-defined allocation of UWB tokens in their designated wallet. These tokens serve as voting rights within the DAO, allowing associations to participate in voting on proposals and shaping the future of the blockchain industry.

• Equal Voting Rights: The UWBO DAO upholds a fair and balanced voting system. Each UWB token translates to a single vote on a proposal, ensuring that all member associations have an equal voice in the decision-making process.

2. Secure and Efficient Onboarding for Member Organizations

The UWBO DAO welcomes new member organizations through a secure and efficient registration process:

• Simplified Online Application: Prospective members submit an easy-to-complete online application outlining their organization's background, activities, and location.

• Rigorous Verification: To safeguard platform integrity, all applications undergo a two-step verification process:

• KYC Compliance Check: Standard KYC procedures are applied to confirm the organization's legal and operational legitimacy.

• Interview: An interview with UWBO DAO representatives ensures alignment with the organization's goals and values.

• Membership Fee and Commitment: A membership fee is required upon successful verification. This fee demonstrates the organization's commitment to the UWBO DAO and its mission.

3. Token Allocation and Proposal Initiation

• UWB Tokens for Voting: Following successful onboarding, organizations receive an allocation of UWB tokens. These tokens empower them to actively participate in the DAO's voting process and shape the future of the blockchain industry.

• INT Tokens for Proposal Initiation: A separate set of tokens, INT tokens, serve a distinct purpose. Organizations must burn a designated amount of INT tokens to initiate a new proposal for the DAO's consideration. This burn mechanism discourages frivolous proposals and incentivizes well-considered initiatives.

• Smart Contract Automation: A secure smart contract verifies KYC completion and token availability before allowing an organization to propose a new vote. This automated process ensures transparency and prevents unauthorized proposal creation.

4. Blockchain Submission and Secure Voting Process

• Proposal Submission and Review: Proposals submitted to the DAO are recorded on the blockchain for immutability and transparency. UWBO DAO administrators then review the proposal to ensure adherence to platform guidelines.

• Administrative Approval and Scheduling: Once verified, administrators create a corresponding PDF document and approve the proposal for voting. This layer of oversight helps prevent fraudulent activities and DDoS attacks.

5. Decentralized and Transparent Voting

• Smart Contract-Governed Voting Duration: While administrators initiate voting periods, a pre-programmed smart contract automatically closes the vote after a predetermined percentage of UWB token holders have participated. This ensures a fair and decentralized voting process that cannot be manipulated.