🏝 Island DAO 10th newsletter - here we go again
Long time no see.
It was a very busy period in my personal life, now we are back online.
Recent events in the crypto space gave a lot of hope. They also show a lot of examples of successful DAO projects.
Here is a bit of history:
Back in a day Estonia DAO: https://estoniadao.org/
Then Island DAO.
Then BaseX island.
Now back to the roots, back to the DAO.
Here is a post from September 2020 announcing the transition: https://medium.com/island-dao/back-to-the-roots-back-to-the-dao-60ff0b0fdb3
January 2021 Updates
Logo and rebrand: WORK IN PROGRESS
You will still find various references to BaseX (for example header of this email) as the rebrand is progressing, cannot accomplish everything all at once.
Logo competition: https://99designs.co.uk/logo-design/contests/logo-island-dao-let-buy-ethereum-blockchain-1055194/entries
Smart contract: WORK IN PROGRESS
https://github.com/basexisland/assurance-contract/blob/master/contracts/Assurance.sol
You stake ETH to generate rewards. Can withdraw anytime. not risking capital.
Calculation happens off-chain.
Only when a sufficient amount of ETH is accumulated, there is 30 days waiting period.
Whitepaper: WORK IN PROGRESS
Not a fraudulent marketing material, but explaining why we do it.
Back in the day, I tried to please everyone and their dog, erring too much on the side of political correctness.
Now I’m following my heart and true values:
Research Centre. Innovation Hub.
Rocket Science. Alien Technology.
Blockchain. AI. Psychedelics.
Convergence of Exponentials.
Summary of my work: https://medium.com/island-dao/summary-of-marss-environmental-and-economic-work-c433b1dd1120
I genuinely believe that it is just the beginning. To have a solid base will allow me to focus on my work and
Tokenomics: WORK IN PROGRESS
1,000,000,000 Total Supply
17% team, suppliers, contractors, services (during the fundraise)
17% during the build
50% community crowdfunding
5% ecosystem development fund
5% airdrop (across multiple other DAO projects)
1% Ross Ulbricht legal fund
5% reserve, contingencies, rainy day
Front-end UI: WORK IN PROGRESS
It is borderline embarrassing, didn’t add a single line of CSS, in fact, I would be super happy to outsource this task… Are you a web designer by any chance?
Still evaluating if two token structure is the right way?
As you see: logo, smart contract, front-end, rebrand, tokenomics everything is WORK IN PROGRESS.
Join us on Discord: https://discord.gg/9RDzBUX
Follow us on Twitter: https://twitter.com/islanddao
Book a call with me: https://calendly.com/marsxr/basex?month=2021-01
The world is going through a transition, the past couple of months were for me a time of accelerated learning. Hope you are coming victorious on your end!
Mars Robertson
PS. This newsletter is also WORK IN PROGRESS but at some point need to press the “send” button…