G360DAOBucket Voting - the fine balance between decentralization and efficiency in governance
One of the main challenges within DAOs is to make swift decisions when needed but have them made by a decentralized community. The trick is to find the right balance in effectiveness in decision making and avoiding censorship and centralization as result of key person dependency or coordinated whale actions. Centralization risk can be especially high in cases where a DAO offers the opportunity of token voting based on tradeable tokens or when certain persons get high reputation due to automat...
G360DAOSmart contracts and AI, a perfect combination?
In my second blog I wrote about the urge to test your smart contract for vulnerabilities. In that article I talked about how smart contracts can have big security flaws in them. To counter this, you can check your own smart contract for flaws. To do this you can use tooling to check if the smart contract code is correct. But all these steps take a lot of time, especially for someone who doesn’t know how to code. So, to make it easier and quicker, there is another solution. This solution is ca...
G360DAOSmart contracts need to be checked for vulnerabilities
In my first blog I talked about why smart contracts are essential for crypto, You can read my earlier blog on the G360DAO mirror. But what happens when the smart contract you coded isn’t secure? And how can you make it secure? Those questions will be answered in this blog. Smart contracts can have big errors coded into them. And when those smart contracts are published with these errors, a lot of terrible things can happen. The smart contract can be attacked by criminal hackers and all the fu...
Increase justice on the digital infrastructure in a rebellious manner
G360DAOBucket Voting - the fine balance between decentralization and efficiency in governance
One of the main challenges within DAOs is to make swift decisions when needed but have them made by a decentralized community. The trick is to find the right balance in effectiveness in decision making and avoiding censorship and centralization as result of key person dependency or coordinated whale actions. Centralization risk can be especially high in cases where a DAO offers the opportunity of token voting based on tradeable tokens or when certain persons get high reputation due to automat...
G360DAOSmart contracts and AI, a perfect combination?
In my second blog I wrote about the urge to test your smart contract for vulnerabilities. In that article I talked about how smart contracts can have big security flaws in them. To counter this, you can check your own smart contract for flaws. To do this you can use tooling to check if the smart contract code is correct. But all these steps take a lot of time, especially for someone who doesn’t know how to code. So, to make it easier and quicker, there is another solution. This solution is ca...
G360DAOSmart contracts need to be checked for vulnerabilities
In my first blog I talked about why smart contracts are essential for crypto, You can read my earlier blog on the G360DAO mirror. But what happens when the smart contract you coded isn’t secure? And how can you make it secure? Those questions will be answered in this blog. Smart contracts can have big errors coded into them. And when those smart contracts are published with these errors, a lot of terrible things can happen. The smart contract can be attacked by criminal hackers and all the fu...
Increase justice on the digital infrastructure in a rebellious manner
Share Dialog
Share Dialog
Subscribe to G360DAO
Subscribe to G360DAO
<100 subscribers
<100 subscribers
NFT is a term that has been appearing all over social media and the news in the last two years. An NFT is a Non-fungible Token, stored on a blockchain, which is essentially a digital ledger. NFTs function similarly to a cryptocurrency like Ethereum or Bitcoin. The major difference between interchangeable tokens like Ethereum and an NFT is that each NFT is uniquely different, hence the word non-fungible. An NFT can be a digital picture, song, file, and much more.
Until recently, ownership of an NFT does not confer copyright or the ability to use legal action. Instead, it was more of a status symbol, and ownership is unique. Sure, someone can copy the image of your NFT and use it in their profile picture, but that doesn’t mean that they own it. Ownership is unique because there is specific code in the blockchain that ensures only one person at a time can own the NFT token. Projects such as CryptoPunks, EtherRocks, Bored Ape Yacht Club, Art Blocks, Pudgy Penguins, and more are simple jpeg images that range from thousands to millions of dollars per NFT.
On the surface, buying jpeg images for hundreds of thousands or millions of dollars may seem irrational. At a high level, the aforementioned projects are built very similarly. The collection contains a limited number of images with overarching characteristics that unify them (they are all cartoon apes for example). However, each individual piece within a collection has distinguishing traits (ie: eye color, fur color, clothes, items carried, etc.) and no two pieces are the same. Furthermore, certain traits have been purposefully engineered to be common throughout the collection while other traits are much rarer making those pieces with rare traits much more sought after. Nowadays buyers are more and more are looking for NFTs with so called ‘utility‘. Utility means that the NFT gives special benefits to the owner, besides having a unique piece of art.
G360DAO will create NFT collections with traits as you would expect. Please refer to the NFT properties overview below. The first collection of 10.000 NFTs will contain 9900 regular NFTs and 100 real unique ones.
The 100 unique NFTs will present special benefits to their owners, such as:
T-Shirt
Stickers
Coffee mug
Lanyard
Meet the founders
Access annual DAO meetups
Token holder name on special page
Join advisory board
However, all NFTs amongst the first 10.000 will have an additional benefit: revenue share. Once the G360DAO will have created a positive revenue stream, the NFT holders will be paid 8% of the revenue stream, until the initial purchase price + 10-30% of the initial purchase price has been repaid. This creates an approximate lifetime ROI of 10-30%, depending on the acquired NFT(s).
For the NFTs that are eligible for revenue share we’re thinking of properties as described below.
Hacker Types:
Red Team
Blue Team
Purple Team
Social Engineer
Reverse Engineer
Pentester
Developer
Black Hat
White Hat
Grey Hat
Hacker
Forensics
Incident Responder
Hacktivist
Skill level:
n00b
Warrior
Ninja
Script kiddy
pwn3d
1337
Jedi
Master
Morpheus
Bene Gesserit
Reverend Mother
Acid Burn
Trinity
Hacker tools:
Rubber Ducky
Metasploit
Mimikatz
Kali
Wireshark
Nmap
Netcat
BloodHound
Burp Suite
IDA pro
Lighthouse
In the future we will create additional NFT collections which will be reserved as reward for bug bounty researchers and other groups of people.
Themes could include:
Arcade games
Christmas
Constellations
Branded vulnerabilities
CVE
Do you feel, as we do, that justice on the digital infrastructure really needs to be raised and do you want to provide us with the resources to work on real Information Security solutions? Then buy one or more G360DAO NFTs! By buying these NFTs you will ensure that G360DAO will have working capital to develop smart contracts, set up the legal structure, take care of everything around taxes and all other practical matters required to get started. Once G360DAO starts generating revenue we will share a capped portion of this revenue with the NFT token holders. However, this may take quite some time.
https://guardian360.activehosted.com/f/85
Know your customer - screening In order to be eligible for investment (both as regular investor of for NFTs), a Know Your Customer (KYC) screening will be mandatory for regulatory reasons. Once you cleared the KYC, you will be whitelisted and you can receive the tokens (investment or NFTs) bought.
Sources used for this article:
NFT is a term that has been appearing all over social media and the news in the last two years. An NFT is a Non-fungible Token, stored on a blockchain, which is essentially a digital ledger. NFTs function similarly to a cryptocurrency like Ethereum or Bitcoin. The major difference between interchangeable tokens like Ethereum and an NFT is that each NFT is uniquely different, hence the word non-fungible. An NFT can be a digital picture, song, file, and much more.
Until recently, ownership of an NFT does not confer copyright or the ability to use legal action. Instead, it was more of a status symbol, and ownership is unique. Sure, someone can copy the image of your NFT and use it in their profile picture, but that doesn’t mean that they own it. Ownership is unique because there is specific code in the blockchain that ensures only one person at a time can own the NFT token. Projects such as CryptoPunks, EtherRocks, Bored Ape Yacht Club, Art Blocks, Pudgy Penguins, and more are simple jpeg images that range from thousands to millions of dollars per NFT.
On the surface, buying jpeg images for hundreds of thousands or millions of dollars may seem irrational. At a high level, the aforementioned projects are built very similarly. The collection contains a limited number of images with overarching characteristics that unify them (they are all cartoon apes for example). However, each individual piece within a collection has distinguishing traits (ie: eye color, fur color, clothes, items carried, etc.) and no two pieces are the same. Furthermore, certain traits have been purposefully engineered to be common throughout the collection while other traits are much rarer making those pieces with rare traits much more sought after. Nowadays buyers are more and more are looking for NFTs with so called ‘utility‘. Utility means that the NFT gives special benefits to the owner, besides having a unique piece of art.
G360DAO will create NFT collections with traits as you would expect. Please refer to the NFT properties overview below. The first collection of 10.000 NFTs will contain 9900 regular NFTs and 100 real unique ones.
The 100 unique NFTs will present special benefits to their owners, such as:
T-Shirt
Stickers
Coffee mug
Lanyard
Meet the founders
Access annual DAO meetups
Token holder name on special page
Join advisory board
However, all NFTs amongst the first 10.000 will have an additional benefit: revenue share. Once the G360DAO will have created a positive revenue stream, the NFT holders will be paid 8% of the revenue stream, until the initial purchase price + 10-30% of the initial purchase price has been repaid. This creates an approximate lifetime ROI of 10-30%, depending on the acquired NFT(s).
For the NFTs that are eligible for revenue share we’re thinking of properties as described below.
Hacker Types:
Red Team
Blue Team
Purple Team
Social Engineer
Reverse Engineer
Pentester
Developer
Black Hat
White Hat
Grey Hat
Hacker
Forensics
Incident Responder
Hacktivist
Skill level:
n00b
Warrior
Ninja
Script kiddy
pwn3d
1337
Jedi
Master
Morpheus
Bene Gesserit
Reverend Mother
Acid Burn
Trinity
Hacker tools:
Rubber Ducky
Metasploit
Mimikatz
Kali
Wireshark
Nmap
Netcat
BloodHound
Burp Suite
IDA pro
Lighthouse
In the future we will create additional NFT collections which will be reserved as reward for bug bounty researchers and other groups of people.
Themes could include:
Arcade games
Christmas
Constellations
Branded vulnerabilities
CVE
Do you feel, as we do, that justice on the digital infrastructure really needs to be raised and do you want to provide us with the resources to work on real Information Security solutions? Then buy one or more G360DAO NFTs! By buying these NFTs you will ensure that G360DAO will have working capital to develop smart contracts, set up the legal structure, take care of everything around taxes and all other practical matters required to get started. Once G360DAO starts generating revenue we will share a capped portion of this revenue with the NFT token holders. However, this may take quite some time.
https://guardian360.activehosted.com/f/85
Know your customer - screening In order to be eligible for investment (both as regular investor of for NFTs), a Know Your Customer (KYC) screening will be mandatory for regulatory reasons. Once you cleared the KYC, you will be whitelisted and you can receive the tokens (investment or NFTs) bought.
Sources used for this article:
No activity yet