DHO, The Revolutionary Alternative of Metaverse
The DAO Hyperledger Omniverse (DHO) was born to break the chains that Rousseau once mentioned — “Man is born free but everywhere is in chains.” Empowered by Web3 construction, DHO innovatively combines 2 emerging technologies, Metaverse and Dao, to create a revolutionary alternative of metaverse where rights for the people, by the people.
Based on the principle of democratic autonomy, DHO has set up a unique reputation token mechanism, which is a set of contribution criteria based on which reputation metrics are created. Community members can earn their Reputation Tokens (NFTs) by crowd funding, voting, providing research reports, and completing tasks. Members can exercise corresponding rights that match their reputation metrics. This means that personal contributions should be the true measure of the governing rights for the community.
DHO community members are divided into 3 segments. The first segment is called Original DAO, in which members are granted a certain amount of private placement at the beginning of the project. The members of Original DAO are to become the highest level of decision-making. The second segment is made up by DHO Token holding member, which is the segment that can make initial proposals for the organic ecology to be built in the future. And the third segment is constitute of sub-DAO members, which links to global resources.
Under the governance principles based on Reputation Tokens, DHO creates a Community Token Mechanism based on ERC20 protocol to create DHO economic model, called Community Tokens, which have been issued in the amount of 200,000,000.
Of the DHO Token, 9% of the tokens are given to start-up contributors for outstanding community projects and 11% of the tokens are given to DHO Labs for outstanding community members. This aims to motivate all community residents to proactively contribute to its building. 45% of DHO is used for circulation within the internal ecosystem; 15% of DHO is used for sales; 15% is used for liquidity; and the remaining 5% is used for private placement.
Based on this economic model, DHO has established an NFT mechanism to facilitate the circulation of DHO Token, where each community builder will have an NFT in the future。 These NFTs can be traded in NFT marketplace once all 10,000 NFTs are activated. Long-term NFT holders will receive NFT as interest on their earnings.
DHO prospects to be the organization that helps people in the real world connect to the metaverse and unleashs the creativity of the metaverse by developing quantum computing tools, integrating virtual land and NFT, and creating a hyper ledger. In the world built by DHO, rights of the people, for the people, and members of DHO community in the metaverse will be empowered by the democratic self-governing philosophy of DAO.
DHO will be listed on CoinUp Exchange of an issue price in 0.4USDT, with a total circulation of 30 million TOKENs on June 5th. While first lauching on CoinUp, DHO will conduct a launching airdrop event. Please follow DHO official Twitter @DHO_token for further event details. More airdrops and whitelist distribution events will be activated in the future.
Official Website: DHOup.io
Download the White Paper: http://down.dhoup.io/paper/dho.pdf