NUTBOX; THE MODERN DAO OPERATING SYSTEM

in #nutbox3 years ago

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INTRODUCTION

As a discentalized protocol, the Nutbox provides Staking Airdrop and decentralized application toolkit, which includes DeFi module, community blogs, community goverance and so on. Nutbox also help community establish its "Staking +DeFi"-based community token economy. Medium

OVERVIEW

Unless a "operating system" is established to make Web 3.0 resources intelligible and useable for its communities, the full power of the Web 3.0 ecosystem will be unavailable to everyone and communities.

Nutbox began as a tool to assist all communities and individuals in taking use of the Web 3.0 environment, and is currently evolving into an operating system that makes the underlying Web 3.0 resources completely accessible to modern DAOs. Website

Nutbox DAOs are expandable, allowing users to install a number of composable and profitable services for not just supporting their communities, but also extending the value of the entire Web 3.0 ecosystem. This allows Nutbox DAOs to remain sustainable and grow alongside the Web 3.0 ecosystem.

Parachain Nutbox

Part of Nutbox's cross-chain asset transfer are performed directly utilizing the Polkadot Cross-Consensus Message protocol, particularly XCM, when Nutbox runs as a parachain in the Polkadot ecosystem.

Contracts in the Nutbox

The Nutbox is implemented as a contract on a blockchain network that supports EVM virtual machines if it does not run as a Polkadot Parachain. At this time, the LTBSV cross-chain bridge protocol support all cross-chain functions. Twitter

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NUT - NUTBOX TOKEN

NUT is a cross-community coin that is intended to support the Nutbox ecosystem of protocols. NUT is also a community-to-community transaction intermediary. It provides participants with a secure transaction or settlement option. It's worth noting that NUT will be used in Nutbox's economic domain.

The entire number of NUT tokens in circulation is 1 billion, and they will be issued after the mainnet launch of the Nutbox Network.

To create according to the block, NUT uses the half-life approach, and its distribution is separated into three halves.

  1. The Nutbox ecosystem is supported with 55% of the funds raised.

  2. 35 percent goes to the DAO fund, the founding team's allocation, and institutional fundraising, with 15% going to periodic institutional fundraising.

  3. For Nutbox parachain validators, 10% is used. Youtube

NUTSHELL ECONOMY

The first objective of Nutbox is to create liquidity for the PoS chain's Staking Token. Furthermore, it is more vital to promote the ecological community on the PoS chain by issuing cTokens and launching community application scenarios using "Staking + DeFi." Telegram

Nutbox, as a Polkadot parachain, is connected to other chains via Polkadot and shares basic consensus with other parachains for security. As a result, Nutbox will charge a proportion of Token for parachain slots or threads.

CONCLUSION :
NUTBOX PROTOCOL

The Nutbox Protocol is the best way to start, grow, and diversify modern DAOs. To be more specific, Nutbox makes launching a DAO accessible to anyone. Nutbox DAO allows staking to your DAO for producing economic value with minimal initial financial cost, rather than asking your stakeholders to risk their liquid funds.

Instead of DAO fundraising, Nutbox DAO allows participants support their DAO by staking profitable assets to the DAO. Discord

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