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Morning, everyone. Today I will go over Harmony’s roadmap on funding 100 DAOs and on bridging digital identities with .country Internet Top-Level Domain (TLD).
Since our announcement in August, Harmony has already started tens of DAOs. Decentralized autonomous organizations, or what I call on-chain clubs with assets and actions, are the future of work. People stake with tokens to join a club, poll together assets and drive actions together – all on blockchains with open development and immutable contracts.
What are the 10 DAOs so far that we have committed $1M funding each? We give each DAOs a tagline and three mandates that are so memorable they fit in a tweet. For example, Research DAO is to bring the best results to production – which Harmony has done with OmniLedger and RapidChain for sharding, Flyclient for cross-chain bridges, and SmartOTP for one-time-password security. Similarly, Wallet DAO is to build a fearless wallet for everyone – with self-custody but no need for hardware devices or writing down seed phrases.
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Harmony argues that DAOs can provide “basic income” or “minimum pay” for builders and creatives. At-will contributions, rather than single-company employment or year-long commitment, are the core of a decentralized economy. Our Basic DAO tracks timesheets, setup payrolls, and manage performance.
Isn’t this what any company must do for human resources and legal paperwork? Exactly, but now on chain with possibly anonymous yet public reputations. The abundance of project bounties, the disparity of global talents, the reinforcement of community passion… are scaling trust and coordination of strangers each contributing to tens of DAOs.
"ONE to Earn" for Builders & Creatives
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