We’re excited to announce the public beta of our DAO proposal system on Snapshot! This is a significant milestone for the MurAll community, as it enables our members to actively participate in shaping the future of the project.
As a decentralized, community-led initiative, the MurAll DAO will operate on the Ethereum blockchain, though this beta is on Goerli testnet. The DAO was established to distribute the unclaimed PAINT tokens from the initial PAINT token airdrop in a transparent and decentralized manner. Now, with the launch of our public beta on Snapshot, we’re taking another important step towards achieving this goal.
Snapshot is a leading platform for community-governed organizations, and it offers a user-friendly interface for proposing, voting on, and executing changes within the DAO. With the public beta our community members can get a feel for creating proposals and voting on them through Snapshot’s decentralized voting system.
What do I need to vote?
We’re introducing a new voting mechanism based on PAINT holdings. From now on, PAINT token holders will be able to vote based on the number of PAINT tokens they hold. This means that members with a larger stake in the DAO will have a greater say in the decision-making process.
In addition to PAINT holdings, we’re also introducing a new voting mechanism based on NFT ownership. NFTs of those who have drawn on MurAll will now have voting power based on the number of pixels in the image. This voting power is double the amount of PAINT burned in producing the NFTs. This means that the artists who have contributed to MurAll will have a say in the future of the project based on their creative output.
We believe that these new voting mechanisms will encourage greater participation and engagement from our community members and ensure that decisions made within the DAO are more reflective of community sentiment.
What do I need to create proposals?
Going forward, only members who hold enough PAINT for a full coverage of MurAll (1048576 PAINT) will be able to create proposals within the DAO. This is to ensure that proposals are made by members who have a significant stake in the project and are committed to its long-term success.
We believe that these changes will further strengthen the MurAll DAO and enable our community to play an even greater role in shaping the future of the project. We encourage all members to participate in the DAO by voting and creating proposals.
How can I join in?
To participate in the beta, simply head over to Snapshot and connect your Ethereum wallet. From there, you can view and vote on proposals from other members, or create your own proposal to be voted on by the community. It’s that easy! Also, voting and proposal creation won’t cost anything in transaction fees as it’s all based on wallet signatures!
We encourage all members of the MurAll community to participate in the public beta of our proposal system on Snapshot. This is your chance to have a direct say in how we distribute unclaimed PAINT tokens and shape the future of MurAll.
The MurAll DAO is committed to transparency, decentralization, and community-led decision-making. By participating in the public beta of our proposal system, you’re helping us to build a more vibrant and inclusive community that reflects the values of the MurAll project.
We look forward to seeing the amazing proposals and ideas that our community comes up with on Snapshot. Let’s work together to make the MurAll DAO a success!
Join the public beta here: https://demo.snapshot.org/#/muralltestdao.eth
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