Introducing Opencord: A Web3-Native Social Platform for DAOs

The Web3 industry has made significant progress in recent years, paving the way for decentralized applications and organizations. Decentralized Autonomous Organizations (DAOs) are also growing in popularity.

With over 13K Snapshot spaces, 6.7M governance token holders, and over $25.6B in DAO treasury. There is a huge opportunity to create value in DAO services to accelerate the growth of DAOs.

At Opencord, we believe tokenized communities and DAOs will reinvent how we work and collaborate, accelerate innovations, and boost creativity. To achieve that, tokenized communities and DAOs should be able to build a home base on a decentralized platform with streamlined workflow.

This is where Opencord comes in, a Web3-native social platform built explicitly for DAOs. Opencord aims to become the open “cord” that connects DAOs, DApps, and DAO friends, making Web3 more accessible for everyone.

Web3 Native

Opencord natively supports Web3 functions such as connect-wallet-to-login, token-gating, NFT avatar, etc. This offers an enhanced Web3 identity and strengthens the credibility of users’ social-graph across the whole Web3 ecosystem.

Decentralized

Opencord takes a progressively decentralizing approach, focused on creating a fully decentralized ecosystem that is built, operated and owned by users. Regardless of any external factors, the user’s data is always their own and under their control. Opencord’s decentralization approach ensures that users’ data is safe, secure and private.

Streamlined Workflow

Opencord offers a one-stop solution for DAOs to manage their workflow, from proposals, discussions to votings. It integrates various communication channels such as chat, voice, and forums, making it easier for community members to interact with each other. Moreover, the servers can be personalized using integrated DAO tools and DApps, providing a seamless experience for users.

Tokenomics Incentives

Opencord’s tokenomics incentivizes users and communities to work in a supportive, open, and inclusive environment. The growth of the ecosystem is facilitated by tokenomics, and users can earn rewards by participating in daily activities such as proposals and votings.

Helping onboard more users to Web3

Opencord offers easier and more efficient on-chain interaction possibilities, more people will have the chance to get to know the web3 ecosystem, as well as attract more people onboard web3.

At Opencord, we hope to provide a much-needed solution for DAOs looking to manage their workflow, communicate with their community members, and interact with other DAOs and DApps. With native Web3 support, decentralized approach, and tokenomics incentives, Opencord aims to become a game-changer in the Web3 ecosystem.