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WinWinDAO

A decentralized Autonomous Organisation for Investors who wants to invest varioius categories of Web3 Projects. From Defi to NFT to Metaverse to DAos.

WinWinDAO

Created At

DAOHacks

Winner of

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🏊‍♂️ IPFS — Pool Prize

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🏊‍♂️ Unlock — Pool Prize

Project Description

A decewntralized Autonomous Organisation for Investors. A Member joins the DAO as an investor Proposals are voted for. As we know, proposals are voted for Yes or No. In WinWin DAO, the concept is different. When proposals are submitted, Members are given a time frame to vote. If a member voted YES, he is eligible to contribute to the treasure for the finance of that web3 project. Members who voted NO are assumed that they don't believe union the project therefore they will not contribute. The smart contract tracks the proposal you voted yes and enlist you as an investor. If the project invested becomes a flourishing one and started yielding profit, the ONLY dividend is shared only by members that invested. The implication here is that investors choose projects to invest in or decline. thee makes it a WIN-WIN situation for investors, web3 projects, and the DAO at large. If I am not comfortable with a project, I vote No. if I am comfortable I vote YES and contribute to the treasiry.

How it's Made

WinWin DAO was made with Next.js as the front-end framework. Solidity was used to code the smart contract. Unlock Protocol was used to Collect Membership registration which is paid annually. IPFS Web3 storage was used to store proposals in a decentralized fashion and only the hashes is stored on-chain. Covalent is used to display the current spot prize for ETH which is the Currency for the DAO until a native token is developed. Graph Protocol enable the listing of DAO members.

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