What is the GoCryptoMe DAO?
We’ve seen first hand the tyranny of centralized censorship. During events like the Canadian trucker protests of early 2022 donors and protest supporters were scrutinized and vilified. Well-meaning donors lost their jobs and livelihoods, simply for showing their support.
Meanwhile, donors themselves had their bank accounts frozen by their own government, to debilitate and hamstring the protest. This unfortunate behavior highlighted the need for cryptocurrency as a whole, prompting many new users to fund a crypto wallet for the first time.
As the creators of the world’s first fully decentralized crowdfunding platform, we believe everyone has a right to support a cause they believe in and protect their privacy in the process.
Since day one, the vision of the GoCryptoMe platform is to provide a transparent and censorship-resistant solution to online crowdfunding.
This mission is only achievable if the GoCryptoMe platform itself is completely decentralized and governed by a distributed, impartial governing body.
The GoCryptoMe DAO is the heart of the GoCryptoMe platform. It’s a group of passionate individuals fighting for freedom and privacy in the internet age. The DAO is responsible for governing the integrity of the GoCryptoMe platform and ensuring its continued decentralization.
Anyone can join the DAO and fight for these values, while reaping the generous benefits. But what are the responsibilities of the GoCryptoMe DAO, and why should I be interested in joining?
What Does the GoCryptoMe DAO Do?
DAO Responsibilities
GoCryptoMe was born from the need for a secure, decentralized and censorship resistant crowdfunding platform. The primary responsibility of the GoCryptoMe DAO is to govern and manage the GoCryptoMe crowdfunding platform, ensuring it upholds these fundamental values.
Given that anyone can launch a crowdfunding campaign on GoCryptoMe, there is always the possibility that some campaigns launched using the platform might be considered egregious or nefarious.
To protect well-meaning donors and supporters from scams and fraudulent campaigns, we need to provide a transparent and distributed solution to censorship. All GoCryptoMe users have the right to report, or ‘flag’ campaigns they believe are egregious.
Any campaign that receives a qualifying number of flags will be brought before the GoCryptoMe DAO for review. DAO members will democratically vote on the campaign’s continued inclusion on the GoCryptoMe platform. This ensures continued security and decentralization of the platform, while driving utility and value to the GCME token.
However, DAO voting is not limited to campaign removal. The GoCryptoMe DAO also governs matters regarding the continued growth and development of the GoCryptoMe platform.
Both the GoCryptoMe Core Team and community members are able to initiate governance proposals that will shape the future of the GoCryptoMe ecosystem. In the true spirit of decentralization, the power of our platform is guided by its community and supporters.
DAO Treasury
A percentage of fees collected by the GoCryptoMe crowdfunding platform are held in the GoCryptoMe DAO treasury. The treasury serves as a community fund that DAO members can leverage to invest in innovative startups that launch campaigns and projects on the platform.
The benefits are widespread and compounding. This incentivizes startups to use the platform in the hope of raising funds and attracting the investment of the DAO treasury and enables the DAO to support platform users and grow the treasury through strategic investments.
Profits generated from the growth DAO Treasury investments will be compounded to further grow the fund and establish the GCME DAO as a powerful and reputable financial entity. Treasury profits will be distributed to GCME holders who participate in DAO proposals, while also funding deflationary buyback and burn sequences that support GCME price and permanently reduce token supply.
GoCryptoMe empowers donors to support charitable causes at a grassroots level. In support of this mission, the GoCryptoMe DAO leads by example. The DAO guarantees that 10% of all Treasury profits will be directed to charitable campaigns listed on the platform, spreading the goodwill and inspiring a pay-it-forward mentality across the wider GoCryptoMe community.
What’s more, a portion of platform fees are also used to continually buyback and burn $GCME off the market, establishing a rising price floor and supporting the $GCME token and ecosystem in perpetuity.
Why Should I Join the GoCryptoMe DAO - The Benefits
While all these utilities and incentives are great for the GoCryptoMe platform and the GoCryptoMe DAO itself, it’s important to recognize and reward individual DAO Members for their commitment and support.
- Vote on crucial development and campaign inclusion proposals
- Earn GCME token rewards via DAO participation
- Have your say on DAO Treasury investments
- Earn sustainable passive income collected from platform fees
- Support charitables causes from the DAO Treasury
How can I Join the GoCryptoMe DAO?
Joining the GoCryptoMe DAO is a great way to support decentralization, transparency and privacy online. The GoCryptoMe DAO provides significant benefits for users, and ensures that donors and charitable supporters are protected from internet scams and fraudulent campaigns.
If these values resonate with you and you want to enjoy passive rewards and other DAO perks, you should consider joining the GoCryptoMe DAO. To join a passionate community of individuals laying the foundation for a decentralized and fair future, buy $GCME today using your crypto wallet.
Community:
Site: https://gocryptome.io/
Twitter: https://twitter.com/GoCryptoMeApp
Telegram: https://t.me/GoCryptoMe