Platform features

Maintaining an Active Community

Inactive Membership Revocation: To ensure an active and engaged community, memberships will be revoked for organizations that haven't participated in voting for more than six months.

Transparency in Decision-Making

Voting Results Dashboard: Following each vote, a comprehensive dashboard will be generated. This dashboard, similar to the United Nations voting system, will display detailed statistics including voting dates and participating organizations. This transparency fosters insight into the collective decision-making process.

Technical Foundation

UWBO DAO on Ethereum Blockchain: The WBO DAO platform leverages the Ethereum blockchain's security, transparency, and efficiency. It utilizes the ERC-20 token standard for its Initiative (INT) and Voting (UWB) tokens, ensuring smooth governance processes.

Key Components

Smart Contracts: Automated contracts on the Ethereum blockchain manage the allocation and burning of tokens, the submission of proposals, and the voting process. These smart contracts ensure that all actions are transparent and verifiable, preventing fraud and enhancing trust.
Decentralized Voting Mechanism: The voting system is decentralized, allowing members from different geographical locations to participate in decision-making without the need for a central authority. This system ensures that all votes are counted accurately and transparently.
Administrative Oversight: While the voting and proposal mechanisms are decentralized, an administrative layer provides quality control, fraud prevention, and conflict resolution. This hybrid model ensures that the DAO operates efficiently and effectively.

Last updated 10 months ago

Maintaining an Active Community

Inactive Membership Revocation: To ensure an active and engaged community, memberships will be revoked for organizations that haven't participated in voting for more than six months.

Transparency in Decision-Making

Voting Results Dashboard: Following each vote, a comprehensive dashboard will be generated. This dashboard, similar to the United Nations voting system, will display detailed statistics including voting dates and participating organizations. This transparency fosters insight into the collective decision-making process.

Technical Foundation

UWBO DAO on Ethereum Blockchain: The WBO DAO platform leverages the Ethereum blockchain's security, transparency, and efficiency. It utilizes the ERC-20 token standard for its Initiative (INT) and Voting (UWB) tokens, ensuring smooth governance processes.

Key Components

Smart Contracts: Automated contracts on the Ethereum blockchain manage the allocation and burning of tokens, the submission of proposals, and the voting process. These smart contracts ensure that all actions are transparent and verifiable, preventing fraud and enhancing trust.
Decentralized Voting Mechanism: The voting system is decentralized, allowing members from different geographical locations to participate in decision-making without the need for a central authority. This system ensures that all votes are counted accurately and transparently.
Administrative Oversight: While the voting and proposal mechanisms are decentralized, an administrative layer provides quality control, fraud prevention, and conflict resolution. This hybrid model ensures that the DAO operates efficiently and effectively.

Last updated 10 months ago