Weekly Meeting 2023/12/10

Weekly Meetings

  • Time : 2023/12/10
  • Meeting Member :
    David, Onely, RooRuuRii, Lovewelchs, Tonyhan

Meeting Log

DAO Research

Shared the DAO research process. Outlines would be as below
1. Understand DAO concepts and operational principles:
1.1. Understand the basic concepts of what DAO is and how decentralized autonomous organizations work.
1.2. Identify the core functions and characteristics of the DAO, such as governance, voting, automation, etc.
2. History of DAO:
2.1. Investigate the origin of DAOs and the development of early concepts. Identify key cases and events about the growth and development of DAOs in recent years.
3. Different types of DAO navigation:
3.1. Investigate DAOs in finance, such as those associated with DeFi (Distributed Finance).
3.2. Explore DAOs related to NFTs (Non-Fungible Tokens).
We look for DAOs that work in various fields such as gaming, art, and virtual reality.
4. Analysis of DAO’s advantages and limitations, failure cases:
4.1. It analyzes the advantages of DAO, such as decentralization, transparency, and autonomy.
4.2. Learn about the limitations and challenges that DAOs may face.
5. DAO ecosystems and communities:
5.1. Research the major platforms, projects, and communities that make up the DAO ecosystem.
5.2. Learn about the activities and interactions of the DAO community.
6. Future prospects of DAO and its application to our project
6.1. Predict what role DAOs can play in blockchain and decentralized systems today and in the future.
6.2. Analyze DAO’s potential for development and market trends.

Fragment Expansion

we are currently drafting a proposal to elaborate on the expansion of “Fragment Expansion”. This document will integrate the contributions of Davidd, Tonyhan, and Mr.Misang. It is structured as a proposal to expedite the processing of the December payment, which is due by the end of December

MYTY Issue

The ongoing MYTY issues continue to be a concern. Although the company assured us that the latest update would be final, with regular server maintenance as usual, these issues persistently arise within our community. To address this, the councils intend to hold a separate meeting with Mr.Misang to discuss these challenges, especially considering our lack of direct connections to any MYTY team.

DAO Voting in Progress

  • N/A

Post-voting Process

  • N/A