Home Altcoins News Algorand (ALGO) Presents Duck Starter the DAO DUCK

Algorand (ALGO) Presents Duck Starter the DAO DUCK

Algorand (ALGO) Presents Duck Starter the DAO DUCK
  • Ducks committed to long-term success
  • DuckDAO is where projects get funded by community
  • Dao Duck Tokenomics
  • Token-permissioned membership groups

The Duck community is different from anything the financial world has seen before. The ducks are proud to commit to long-term success.

DuckDAO is where projects get funded by the community and not by a for-profit venture. This way, you kickstart with both the capital and the community you need.

Users can raise their private rounds from the many thousand contributors, without a VC.  And, it is possible to get the most supportive and responsive community from day one.

Algorand Expressed: Dao Duck, the world’s largest cross chain incubator for crypto projects, announced the Duck Starter Platform, which will integrate Algorand.”

The community is made up of investors, who are long-term opportunist looking to support projects in the long term.  There are other members who can’t stop quacking about their investments on blogs and social media such as Twitter, 4chan and Reddit.  There are those who are world wide networkers. Their ducks are quick to multiply. They can be heard in more than a dozen languages on every social media platform.

Tokenomics:  80.000 tokens will be used in various ways in the community incentive program for DuckDAO members. Rewards will be given to community members for active participation in deals, providing input during AMAs with projects, and for active participation in social media campaigns. 40.000 tokens are reserved as part of the reward program for the five Duck team members. They will be rewarded when a deal lists in profit and/or a hot deal can be closed successfully. No further tokens will ever go to the Duck Team after this allocated amount – they will have to purchase them on the market like everyone else.

500.000* tokens are locked in the Reserve and can only be unlocked through the voting of the Allstars. More than 50% of the Top 10 rich list individuals have to vote in favour for an unlock.

Some cases where this may be necessary are:  Liquidity needed for an Exchange; Liquidity needed for member incentives; – Liquidity needed to adjust the token price (if it increases too fast because of curve domination); Proposals for reserve token unlocking will be made by the Duck team and have to be confirmed by the Top 10 Tokenholders. A maximum of 100.000.

To join DuckDAO, simply press on one of our yellow “Join DuckDAO” buttons, where you will be redirected to our DuckDAO Lobby. Follow the pinned message inside of the group for further instructions. It’s that simple.

The current token-permissioned membership groups are:  The Duck Fightclub: 10 DDIM; Beach Club: 200 DDIM; Gentlemen’s Club (VIP): 2,500 DDIM; Diamond Club (VVIP): 10,000 DDIM; Duck Allstars Club: Top 10 DDIM holders per level.

 

 

 

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Julie Binoche

Julie is a renowned crypto journalist with a passion for uncovering the latest trends in blockchain and cryptocurrency. With over a decade of experience, she has become a trusted voice in the industry, providing insightful analysis and in-depth reporting on groundbreaking developments. Julie's work has been featured in leading publications, solidifying her reputation as a leading expert in the field.

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