In November 2022, a DAO member named dotbit.0x.bit submitted a proposal to establish a city community, which triggered a big debate in the 11K.bit circle on the governance structure of DAO. The proposal was not passed, but it was further improved Governance of the DAO. From this, it can be deduced that the significance of DID lies in the sovereign individual and decentralization. The goal of DAO is anti-audit and governance by all. DID and SBT are identity systems, and the real Web3 revolution lies in the use of tools to form the ecosystem of community-owned economies. Thus DotbitDAO was born.

Then,What is DotbitDAO? DotbitDAO is a community-driven social network with tokenomics design.

What is the feature? It’s a social network Fully community-driven Reasonable token economics design

What is the purpose? Community Governance Wealth Sharing

What is the vision? Achieving the Sovereign Individual Working Freely Financial Transparency

Doing what? Efficient social Happy work Make money