Quote from: FireDAOJackie_Z on March 04, 2023, 08:36:41 AM

FireDAO was launched on the Arbitrum One mainnet on February 17, 2023, which is a social DAO based on PID and FID soul-bound accounts. The team behind this project has been working relentless for two years. The tech team has been funded by the RainbowCity Foundation and dedicated to this project with all talents in their area of expertise. Now the registration has reached over 950 and the number is steadily increasing. https://app.firedao.co . With more effort and hark work, new implementations will be released soon next week. What do you think of this project ? Will it become a great project that benefits all users ? Please let me know your thoughts.

In the cryptocurrency market, except for Bitcoin, others are called altcoins. Currently, the number of altcoins in the market is astonishing. If a high-quality project wants to arouse a strong reaction in the market, I think there are several necessary conditions: 1. The founder and technical team are relatively famous, and genes are very important. 2 The project is invested by well-known investment institutions, which means the trend and direction of the industry. 3. Strong community support.

Quote from: aubert on March 05, 2023, 04:25:45 PM

It will not make any different in the altcoins. Firedao was just another galxe that was based on arbitrum. I see no unique feature that has been offered by this one. Your expectation was too high. It's also pretty much the same like BABT that already used by binance for its users.

I also browsed the official website of this project. At present, there are still many functions that are not online, and the social media links cannot be opened.

This project is indeed very similar to GALXE. Out of curiosity, I opened the official FIREDAO forum. I found out that their forum is very similar to Bitcoin Forum. Here I saw the white paper of FIREDAO.

https://forum.firedao.co/index.php?topic=227.0

I didn't read the specific content, but just looked at the catalog. In addition to the DID identity protocol of WEB3 (I don't know whether the KYC of the wallet address on the chain is correct, I don't know), there are many other DEFI products. I am more concerned about the community governance of DAO, and I cannot give more comments for the time being.

Thomas Kralow

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