SingularityDAO (SDAO) has been launched on HotsCoin on March 21. SingularityDAO is a community-managed DeFi protocol launched in 2021 as a derivative project of SingularityNET. It offers advanced cryptocurrency portfolio management tools powered by cutting-edge artificial intelligence. SDAO is currently open for trading on HotsCoin.
Token information:
Circulation market value: $91,410,973.389, ranking 437th
Fully diluted market cap: $95,088,363
Circulation volume: 90,351,556,197 SDAO
Total supply: 100,000,000 SDAO
Total funding raised: $2.7 million
key events
2021-04-28: SingularityDAO launched
Introduction to SingularityDAO
SingularityDAO is a decentralized portfolio management protocol designed to allow anyone to manage crypto assets securely and easily, supported by superior risk management and analytics tools. It is a smart currency, a non-custodial protocol on the chain, designed to cultivate a new digital asset management ecosystem and provide automated trading strategies using artificial intelligence data analysis services.
SingularityDAO is building a new digital asset management ecosystem, using the protocol to provide automated asset management, including dynamics, returns, indices, Exotics, etc. By providing advanced decentralized tools and on-chain execution, the protocol enables a new generation of digital asset managers to offer their services to a wider audience. An open and inclusive approach is fostering collaboration and innovation in the crypto asset management space.
SingularityDAO is a community-driven project, and Protocol Labs welcomes user feedback and suggestions. The growing community of supporters and users is a valuable resource, and the team is committed to promoting open and transparent communication. Join the community to learn about the latest developments and participate in shaping the future of the protocol.
Overview
Decentralized governance is the core of any DAO, and SingularityDAO is no exception. Anyone interested can participate in discussions and provide suggestions and feedback to guide the development of the protocol. Anyone with SDAO voting rights can vote on proposals.
Governance process
Proposals are submitted to the DAO, which then encourages public discussion before holding a vote. Depending on the outcome of the discussion, an upgrade benefit may be enacted, an updated proposal may be provided, or it may be rejected entirely.
SDAO governance token
The protocol’s voting rights are derived from the SingularityDAO governance token (SDAO). SDAO holders can use these tokens to vote on proposals related to the protocol.
progressive decentralization
Going forward, the protocol will gradually become decentralized, enabling external developers to create upgrade proposals, until eventually full control of the protocol is handed over to the DAO. This task will be handled slowly and carefully with the ongoing input of all DAO participants.
Launch pad
SingularityDAO Launchpad is a comprehensive platform designed for blockchain project incubation and launch. It provides an end-to-end service, assisting projects from the early stages of development to post-launch, covering a wide range of support services including finance, legal, human resources and marketing. This approach makes Launchpad not only a stepping stone for project launches, but also a breeding ground for long-term project sustainability and success in the DeFi space.
Incubation and post-launch services
Launchpad's services cover various fields, including finance, legal, human resources and marketing. From general bookkeeping to financial modeling, from talent recruitment to legal consulting, SingularityDAO’s Launchpad covers every aspect of project growth and sustainability.
Release history:
SingularityDAO Launchpad has a history of successful launches, characterized by rapid fundraising and significant user engagement. Not only did these projects quickly achieve their fundraising goals, but they also demonstrated Launchpad's efficiency and effectiveness in attracting a broad user base.
Special feature:
SingularityDAO Launchpad stands out with its wide range of services and focus on quality over quantity. This approach ensures that each project receives tailored support and guidance, significantly improving its chances of success in the market. Unlike a typical Launchpad, SingularityDAO’s Launchpad offers a full range of services, making it a leader in cultivating and scaling DeFi projects. The project selection process is meticulous, prioritizing quality and alignment with the values of the SingularityDAO community. The emphasis on quality ensures that Launchpad hosts projects that have great potential and are relevant to the evolving needs of the DeFi space.
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