![SDAO](https://s2.coinmarketcap.com/static/img/coins/64x64/22343.png)
SDAO price SDAO
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
- Circulating supply
- 0 SDAO
- Total supply
- 2,999,692 SDAO
- Max. supply
- 3,000,000 SDAO
SDAO community
SDAO news
About SDAO
What is SDAO?
SDAO represents a decentralized autonomous organization focused on fostering innovation and collaboration in the Web 3.0 ecosystem. It aims to support the development of open protocols and decentralized communities, leveraging the collective strength and vision of its members. This organization is built on the principle that decentralized governance can significantly impact the digital and real-world landscapes, encouraging participation from individuals around the globe who share a common belief in the transformative power of DAOs.
In addition to its foundational goals, SDAO is also associated with SingularityDAO, a decentralized portfolio management protocol that simplifies the process of managing crypto assets. By employing advanced strategies and technologies, it seeks to make investment in digital assets accessible and safer for everyone, reflecting the broader movement towards democratizing finance through blockchain technology.
The SDAO token plays a critical role within this ecosystem, serving as a governance token that empowers holders to participate in decision-making processes. It adheres to the BEP20 protocol standard, ensuring compatibility and interoperability within the blockchain space. The tokenomics of SDAO are designed to promote long-term sustainability and growth, with a total supply of 3 million tokens, the majority of which are allocated for gradual distribution over a century through the MAM protocol. Notably, the SDAO token distribution strategy emphasizes fairness and inclusivity, with no allocations for pre-sales, private placements, or team reserves. This approach, combined with multiple mechanisms for empowerment and various application scenarios, underscores the project's commitment to decentralized governance and community-driven development.
As with any investment in the cryptocurrency space, individuals are encouraged to conduct thorough research and consider the inherent risks before committing funds. The dynamic and evolving nature of digital assets necessitates a cautious and informed approach to participation and investment.
How is SDAO secured?
SDAO's security framework is multifaceted, incorporating both technical audits and market-driven mechanisms to ensure its robustness. The primary layer of security comes from a comprehensive audit conducted by a third-party, which scrutinizes the code for vulnerabilities and ensures adherence to best practices in smart contract development. This audit is a critical step in validating the security measures in place and identifying potential areas for improvement.
In addition to the technical audit, SDAO leverages market-based performance evaluation mechanisms within its ecosystem. Tools like alpha bonds play a significant role in this process, allowing for a dynamic assessment of the platform's financial instruments and their performance. This market-driven approach helps in maintaining the economic stability of the platform and ensures that financial products meet the required security standards.
The governance model of SDAO further strengthens its security posture. The platform operates under a decentralized autonomous organization (DAO) structure, where members have a say in key decisions, including security policies. This participatory approach ensures that a wide range of perspectives are considered, leading to more robust security measures. Members of the DAO also elect representatives who manage contractual relationships and partnerships, adding an additional layer of oversight and accountability.
Partnerships play a crucial role in SDAO's security strategy. Collaborations with research institutions, such as a research lab at UC Davis, provide access to cutting-edge knowledge and resources. These partnerships support the development of secure, open-source software and contribute to the overall security of the ecosystem.
Furthermore, SDAO is committed to fostering a culture of security among its members. Through resources, training, and partnerships, the platform emphasizes the importance of cybersecurity and educates its community on best practices. This proactive approach to security awareness helps in mitigating risks and safeguarding the platform against potential threats.
It's important for individuals to conduct their own research and consider the security measures in place before engaging with any cryptocurrency platform.
How will SDAO be used?
SDAO serves as the governance token for its respective platform, embodying a pivotal role in its decentralized autonomous organization (DAO). This token facilitates a unique approach to funding operations through the innovative sale of NFTs. The utilization of NFTs as a funding mechanism allows for the generation of profits through the rental or sale of high-value assets like yachts. These profits are then earmarked for distribution among DAO members, adhering to a democratic process facilitated by voting. This ensures that all decisions regarding profit distribution are made collectively, promoting transparency and inclusivity within the community.
Moreover, SDAO's application extends beyond profit sharing. A designated portion of the fees collected is allocated to essential areas such as project enhancement, marketing efforts, development initiatives, and covering operating expenses. This strategic allocation of resources underscores the DAO's commitment to sustainable growth and the continuous improvement of its operations.
It's important to note that the SDAO token operates on the BEP20 protocol standard, ensuring compatibility with a wide range of blockchain applications and services. The tokenomics of SDAO are designed with long-term viability in mind, with a total supply of 3 million tokens, the majority of which are slated for distribution through the MAM protocol over an anticipated span of 100 years. This gradual distribution model is indicative of the platform's foresight in maintaining token scarcity and value over time.
SDAO's governance model, devoid of any pre-sale, private placement, or team reservation, emphasizes its commitment to fairness and equal opportunity for all participants. The token is empowered by seven distinct mechanisms, each contributing to its multifaceted utility across various application scenarios. This comprehensive approach to token utility and governance reflects the potential of DAOs to revolutionize traditional business models through enhanced transparency, accountability, and community-driven decision-making.
As with any investment in cryptocurrencies, it's crucial to conduct thorough research and consider the inherent risks. The dynamic and evolving nature of the crypto market necessitates a cautious approach to investment decisions.
What key events have there been for SDAO?
SDAO has experienced a series of significant developments that have shaped its trajectory within the cryptocurrency and blockchain ecosystem. These events highlight the project's commitment to innovation and community engagement, as well as its efforts to contribute to the broader digital asset space.
One of the pivotal moments for SDAO was the introduction of SDAO Labs V2, marking a significant upgrade in its technological infrastructure and capabilities. This was complemented by the release of the SDAO NFT Blind Box and NFT Card Auto-Mining, which introduced novel ways for users to engage with non-fungible tokens (NFTs) and participate in the ecosystem.
The implementation of the SDAO Economic Model laid the groundwork for a sustainable and robust economic system within the SDAO ecosystem, ensuring long-term viability and growth. This was further enhanced by the launch of SDAO Empowerment, aimed at strengthening the community and fostering a more inclusive and participatory environment.
SDAO has also prioritized transparency and communication with its community through regular Q&A sessions with SDAO Labs, providing insights and updates on ongoing projects and developments. The release of the NFT Card Source Map and the NFT Medal Source Map offered additional layers of engagement and utility for NFT enthusiasts within the platform.
The introduction of SDAO Labs V1, featuring the SDAO NFT Medal and Medal Auction Mining, showcased the project's innovative approach to integrating NFTs with its economic model, offering unique opportunities for users to contribute and benefit from the ecosystem.
Furthermore, the launch of TemDAO represented a significant expansion of SDAO's vision, venturing into the realm of decentralized membership collective funding for the protection and development of World Heritage and Cultural Assets. This initiative underscores SDAO's commitment to leveraging blockchain technology for meaningful and impactful projects beyond the conventional scope of cryptocurrencies.
Throughout these developments, SDAO has continuously updated and enhanced the utility of the SDAO Token, including the introduction of staking mechanisms, which have contributed to the token's functionality and appeal within the cryptocurrency market.
It's important for individuals interested in the cryptocurrency space to conduct thorough research and consider the dynamic nature of digital assets before making investment decisions. The journey of SDAO illustrates the complex and evolving landscape of blockchain technology and digital currencies, emphasizing the importance of staying informed and engaged with the latest developments in the field.
Most Visited Cryptocurrencies
![WDOG logo](https://s2.coinmarketcap.com/static/img/coins/64x64/32618.png)
![SUNPEPE logo](https://s2.coinmarketcap.com/static/img/coins/64x64/32732.png)
![SCAT logo](https://s2.coinmarketcap.com/static/img/coins/64x64/32639.png)
![BTC logo](https://s2.coinmarketcap.com/static/img/coins/64x64/1.png)
![BCCOIN logo](https://s2.coinmarketcap.com/static/img/coins/64x64/30544.png)
![TON logo](https://s2.coinmarketcap.com/static/img/coins/64x64/11419.png)
![SOL logo](https://s2.coinmarketcap.com/static/img/coins/64x64/5426.png)
![XRP logo](https://s2.coinmarketcap.com/static/img/coins/64x64/52.png)
![ETH logo](https://s2.coinmarketcap.com/static/img/coins/64x64/1027.png)
![SHIB logo](https://s2.coinmarketcap.com/static/img/coins/64x64/5994.png)
![PEPE logo](https://s2.coinmarketcap.com/static/img/coins/64x64/24478.png)
![NOT logo](https://s2.coinmarketcap.com/static/img/coins/64x64/28850.png)
![KAS logo](https://s2.coinmarketcap.com/static/img/coins/64x64/20396.png)
![ADA logo](https://s2.coinmarketcap.com/static/img/coins/64x64/2010.png)
![FET logo](https://s2.coinmarketcap.com/static/img/coins/64x64/3773.png)
![DOGE logo](https://s2.coinmarketcap.com/static/img/coins/64x64/74.png)
![LUNC logo](https://s2.coinmarketcap.com/static/img/coins/64x64/4172.png)
![RENDER logo](https://s2.coinmarketcap.com/static/img/coins/64x64/5690.png)
![MATIC logo](https://s2.coinmarketcap.com/static/img/coins/64x64/3890.png)
![WIF logo](https://s2.coinmarketcap.com/static/img/coins/64x64/28752.png)