XDAO Launches

Name of Project

XDAO

Proposal overview

What is XDAO
XDAO was created with the idea to make DAOs the place for crypto mass adoption by providing the tools for groups to control mutual treasury, build communities and invest in DeFi.

In short, XDAO is a fully customizable DAO builder for treasury management, multisig wallet and the platform for investment. DAOs on XDAO can be any-sized companies.

Brief Product Demo from XDAO CTO Egor Gavrilov:

XDAO created specifically for:
– Venture funds
– Investment pools
– Startups
– DeFi projects
– NFT and GameFi collectors

:dart::dart::dart: What can be done with XDAO:
– Manage the treasury of the DeFi project
– Manage and distribute (salary, marketing, etc.) capital in any organization on the blockchain
– Invest in DeFi with shared assets
– Buy NFTs and collectively participate in GameFi
– Carry out charitable activities
– Participate jointly in allocations, IDO, Launchpad
– Manage family assets
– and much more!


:microscope: The XDAO team has invested $600k of its own funds in the development of the product and:

:trophy: Won Binance SmartChain Hackathon (DoraHacks)
:trophy: Won the HECO Hackathon (XDAO | Devpost) and received 2 awards
:moneybag: Received a grant from the Polygon team
:moneybag: Received a grant from the NEAR Foundation
:moneybag: Received a grant from the Optimism team
:trophy: Moralis Avalanche Hackathon (Winners of the Moralis Avalanche Hackathon | by Avalanche | Avalanche | Medium) Prize
:trophy: Tron Grand Hackathon 2022 (https://twitter.com/trondao/status/1503476183031242755) Prize
:moneybag: Received a grant from the Moonbeam Foundation
:moneybag: Received a grant from the Astar Network
:moneybag: Received a grant from the Oasis Foundation
:moneybag: Received a grant from the Klaytn Foundation


AUDITS
:white_check_mark: Hacken
:white_check_mark: Pessimistic


Proposal ask

$60k

$40K after launching a feature-complete product on mainnet.
$5K Private Exit module deployed on the mainnet (Early burn of LP tokens; Number of earned LP tokens displayed; Type of LP tokens displayed).
$5K Dividends module deployed on mainnet (сalculates dividend earningsper investor; allows payment of dividend earnings).
$5K Launchpad module deployed on mainnet (creates initial launchpadparameters: rate and number of LP tokens).
$5K Payroll module deployed on mainnet (pay salaries to employees or other regular payments).

Metrics for success

Milestone 1. Integration of XDAO platform into the Harmony Network. Seamless creation of Dao with full functionality.
Milestones 2. Integration of the following XDAO modules (private exit, dividends, launchpad and payroll) into the Harmony Network.
• Private Exit module deployed on the mainnet with the functions: Early burn of LP tokens;
Number of earned LP tokens displayed; Type of LP tokens displayed.
• Dividends module deployed on mainnet with the functions: calculates dividend earnings per
investor; allows payment of dividend earnings.
• Launchpad module deployed on mainnet with the functions: creates initial launchpad
parameters: rate and number of LP tokens.
• Payroll module deployed on mainnet with the functions: pay salaries to employees or other regular payments.
Fully working modules with all the functionality.

External links

:four_leaf_clover: Linktree: XDAO | Linktree

1 Like

Thank you for submitting a proposal to Harmony’s $300M Ecosystem Fund. We are in the process of reviewing your proposal and will assign a representative on behalf of the Grants Ops team.

We would also love :blue_heart: to have the Harmony community participate to ask questions and provide feedbacks.

If you have more details to add, please do so by replying to this thread.

2 Likes

Hey hey @AndreXDAO :blue_heart:

Having a lot of fun diving into the XDAO docs, app, and discord.

This proposal is currently under review by the Harmony DAO Ops team.

1 Like

Btw, we have a cool new module for you — XDAO Telegram bot!
We’ve taught it so many great features
• You can connect your wallet to the bot
• You can create/sign/activate voting via telegram
• You can connect XDAO bot to your chat and get notifications about voting

1 Like

Hello, @AndreXDAO

Unfortunately, The Harmony DAO Ops team has to decline this proposal without prejudice. Please visit our Q3 and Q4 Execution Plan for more information.

I apologize that this process has been lengthy and drawn-out and I appreciate yours and the DAOs patience. Harmony and the DAO Ops team wanted to exhaust every option before responding with a declination. I believe Harmony and XDAO has a TG chat together and I would like to keep a line of communication open.

This thread will be closed.

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