The world of web3 is evolving at a breakneck pace, with new technologies emerging on a regular basis. One technology that has garnered considerable attention in recent years is the Ethereum Name Service (ENS). ENS is a decentralized naming system that allows users to map human-readable domain names to Ethereum addresses. This technology has the potential to revolutionize the way we interact with blockchain-based applications.
However, for ENS to reach its full potential, it must be adopted by all major chains. This is where DAOhall comes in. DAOhall is a platform that is dedicated to promoting ENS adoption across all major chains.
The mission of DAOhall is simple: to allow subdomains to easily traverse to other chains. While ENS parent domains reside on Ethereum, subdomains can be registered and traversed to any major chains. This will enable ENS to expand its reach beyond Ethereum and become a ubiquitous naming system across all major chains.
DAOhall has implemented a unique airdrop mechanism. Subdomain holders are community members of the project, thus subdomain holders will receive airdrops in the future based on the length of their subdomains. The shorter the subdomain, the more airdrop rewards will be received. DAOhall has reserved the 1-3 character subdomains for the team and contributors, while the 4-character subdomain holders will be considered core community members.
Team, advisors, and contributors are the backbone of any successful project, and it is important to incentivize and reward their efforts. In order to do so, DAOhall has implemented an exciting rewards program that grants subdomains on daohall.eth, based on the level of involvement of the contributors.
DAOHall will launch an ERC20 token with deflating tokenomics. As part of the project's marketing strategy, a percentage of the token will be airdropped to the community. However, the amount of airdrop that each member can claim will depend on the length of their subdomain as well as their accumulated transactions on DAOhall. The shorter the subdomain, the more airdrop can be claimed. The more transaction and the higher transaction volumes, the more airdrop.
To further incentivize participation, DAOHall is reserving the 1-3 character subdomains for the significant contributors. These individuals are the most integral part of the DAO's success, and as such, deserve the most significant rewards. The classification for each subdomain length is as follows:
1 character subdomains: Founders & Core Team
2 character subdomains: Key Team Members & Contributors
3-4-character subdomains: Core Community Members
This reward system is designed to encourage greater participation in the community and to incentivize individuals to contribute to the growth of DAOhall. It is a unique way to recognize the efforts of those who have contributed the most to the project and to motivate others to do the same.
DAOhall's goal can be realized with the support of the community.