There is no doubt that “metaverse” is the hottest word at the end of 2021. Tech giants are aggressively arranging Metaverse. Facebook even changed its name as “Meta.” People in the field of finance, culture, consumption and the public are all focusing on Metaverse. The door of Metaverse in the new era is being opened. As metaverse and Web3.0 become more and more popular, DAO begin to occupy a more prominent position in the virtual world.
Since this year, DAO has witnessed a significant growth. According to the data of Deep DAO, the total assets of DAO under management are 13.7 billion dollars up to now. Compared with the first half year of 2021, the amount of funds deposited by DAOs has increased by 1422%. There have been 186 DAOs in total. The cumulative number of organizational members and token-holding members of these DAOs is 17 million. Roberto Talamas, a Messari researcher, cited data of DeepDao in Twitter. The data showed that DAO membership has increased by 133% since August and has owned more than 1.6 million entities and cooperated with 164 organizations.
In a larger sense, DAO can better meet the vision and development trend of Web3.0 and it is playing a key role in the development of Web3.0. With the popularity of some IPs such as Metaverse and NFT, DAO can continuously enrich its production ecosystem.DAO, which can reflect core spirits of Web3.0, is an important infrastructure for production value. In this era, META X DAO, as a DAO organization integrating financing, governance and shared values, may be becoming the best model of DAOs which can lead the biggest outbreak point in the field of digital economy in 2022.
META X DAO is a decentralized autonomous organization responsible for the development, management and development of DeFi products and the supply of traffic access for high-quality Metaverse projects. It is trying to build an ecological governance incubator platform supported by decentralized assets, decentralized technologies and decentralized organizations.
The concept of META X DAO was raised by David Arnett’s team in 2019 in their attempt to develop DeFi products in a decentralized organizational model based on DAO organizations. David Arnett, a digital currency expert, an early blockchain evangelist, a key expert in cryptographic protocols, consensus and game theory, is the founder of this team. David Arnett participated in the early ecological construction of Ethereum. Since the appearance of DAO concept, David has been convinced that DAO will eventually replace traditional centralized organizations. He always supported the development of decentralized communities, especially those for nonprofits. In January 2019, David Arnett received a key donation from the DAO community and then he formed a core technical team. He also won the support of the venture capital firm Capstone Partners in December 2019. Team members now spread in several countries on the five continents.
In February 2020, META X DAO released its first round of public financing plan, obtained strategic investment from igment, HashKey Capital and other investment institutions and started its global strategic deployment. After the development for nine months, META X DAO officially launched the project with the clear goal of building it into one of the DAO organizations with the largest ecological user carriers in the world in the future and creating an open financial and decentralized tokenization economy.
Now META X DAO goes one step further in its attempts for decentralization. It has eliminated the reliance on central operators and ensure fair access of all users to public infrastructure. Permits and decentralization are not needed in the governance of META X DAO products. META X DAO rejects all centralized monopolistic behaviors caused by basic intervention and it is building a resilient and organic community governed and built by participants.
META X DAO has leading advantages and its chains are transparent and open and managed in public. It is an Internet native organization making great contributions for future work. Contributors from five continents are building new processes and products to coordinate global work. META X DAO can provide accesses to decentralized tools and capitals for entrepreneurs without the expenditure of a traditional organization.
META X DAO positions itself as one of the DAO organizations in the world with the largest ecological user vectors. It is a collection of contributors. As time goes by, participants will show their identity and make wealth on the platform. Visions and missions of META X DAO will be driven by token holders, contributors and community leaders.
We firmly believe that META X DAO may become the biggest breaking point in digital domains in 2022.