VBOX DAO is committed to building an integrated and a visual DAO community on the blockchain.
VBOX DAO is committed to building an integrated and a visual DAO community on the blockchain, relying on social networking, infrastructure, DeFi, identity, virtual market, etc.
The past two years have been spectacular for the crypto world. In August 2020, we ushered in the Defi summer, which started a boom in the liquidity mining. In 2021, we had witnessed the ecological explosion of the public chain, the strong rise of the chain game sector, and the new narrative of the metaverse throughout the year.
After a decade of precipitation, the world on the blockchain has finally ushered in decent growth. The flow of capital has never been so smoother, the user experience has been vastly improved, and innovations are emerging in endlessly.
At the end of 2021, the emergence of Constitution DAO brought distributed autonomous organizations back to the public eye. A series of large and small DAOs such as SOS and Moon DAO have shown us the powerful vitality of the distributed autonomy. Innovation comes from productivity, and strong capital efficiency and division of labor will be the cornerstone to ensure innovation and expansion in the encryption field. The traditional shareholding system or the outdated organizational form is completely unable to meet our low threshold for innovation, zero friction cost interaction, fast cold start , fair and open management. In short, we need DAO, a DAO that can innovate quickly , a DAO capable of unity and rapid adaptability, or a strong on-chain community.
We always believe that the on-chain world is the place with the most growth and vitality. This is the premise.
· Similar to the rise of the early Internet, we are still in the early stage of the crypto explosion. The current number of users and market capacity are still very small. Obviously, we need more users and a larger ecosystem. The growth of these 10 years is obvious to all, but is this enough? A large number of users cannot use wallets or even don’t understand what cryptocurrency is, but one thing to praise is that FTX and coinbase put out an uplifting crypto ad at the Super Bowl over the weekend, which may be a new beginning.
· Then things become simple: we need a scenario or a way to allow more new users to easily understand and enter the huge encryption market.
· All business systems and infrastructure are not there from the beginning. Even the simple public chain ecology we see now is still a prototype that consumed a lot of capital and manpower. As we said before, innovation and development require investment, and the essence of decentralization is coming from the masses and contributing to the masses. We all know that the phenomenon-level boom caused by Ethereum in 2017 stemmed from the greatly reduced financing threshold, allowing more ideas and thinkings to emerge. Although a large number of projects ended in failure, fortunately, we have seen a number of excellent projects growing up, such as uniswap, polkadot, makerdao, etc., and this is the charm of the encryption world: you never know what will happen in the future, and the real code of wealth is likely to exist here.
· The crypto world has long followed the basic path of hardworking cultivation and construction - fanatical promotion - destruction and precipitation. Without hard work and construction, there will be no fanatical foundation, and without precipitation after destruction, there will be no jewels left behind. So here comes the question, since bubbles are inevitable, of course we have to embrace bubbles. Can a craze like the one triggered by Ethereum be revived? The answer is absolutely.
· Defi has created a large number of financial agreements and capital deposits, and the public chain infrastructure has provided a sufficient operating environment. But this is far from being convenient. Users who are accustomed to centralized exchanges have difficulty in adapting to decentralized exchanges, and it becomes difficult to transfer funds from the BSC chain to avax or others. Scene experience such as games often requires asset switching and compatibility issues. Complex pledge processes, operation guidance or unreasonable mechanism design often make users at a loss, and Defi is far more than just pledge mining.
Why traditional financial facilities can attract users? Because there are bank-level services. On-chain finance should become foolish, and everyone can use via one-click, instead of letting users hold their wallets to explore by themselves.
· The crypto world now has a brand new name called the Internet of Value, but we can be very sorry to say that it doesn’t deserve that title. The primary standard of the Internet of Value should be interconnection, but the current various Dapps almost exist independently. Information interconnection is almost negligible. A small number of cross-chain bridges are trying to solve the path of capital integration, but this has created new problems such as security problems, communication difficulties, performance degradation, increased costs and so on. The Internet of Information only saw that v God's blockscan chat made a little attempt, but it didn't have any experience at all. Ethereum is going to be Layer 0, which cannot and will not solve this problem.
Born in the crypto world, we don't have much experience. But we are the aborigines of the encrypted universe. We naturally need integrated solutions, so that technology belongs to technology and service belongs to service. We need a one-stop solution, and we need to have smooth social interaction and expression in the multiverse on the chain., just like your daily surfing on the Internet.
· Friends who have been playing on the chain for a long time often feel a strong sense of powerlessness. Just a few days ago, the Wormhole was hacked to lose $320 million worth of assets. Every day we see a large number of protocols being attacked and assets being stolen but we cannot do anything. Some protocols have even been attacked many times, such as cream, but we can hardly avoid the risk of self-theft and bug. A large number of assets are exposed to risk, and smart contracts become vulnerable.
We need secure services and experiences so much that we can ignore all the other trivial issues. How do we solve problems in the real world? Why has the blockchain become so handicapped? Clearly, wallets empower us to choose, and you can vote with your feet.
Based on the structure of realistic needs and trends, we propose the concept of Parent DAO. The Parent DAO is the base carrier for the integrated community on the chain, the basic protocol for incubating Child DAOs (small functional DAOs), the hub for multi-chain asset interaction, and the center of the social metaverse.
With Vbox, users can complete a minimalist encryption experience. To truly realize a wallet to open up the entire encryption world, users only need to complete basic asset recharge such as usdt or ETH, and leave the rest to VBOX. VBOX's nanny-level service will cultivate users into a loyal long-term users, making the encryption experience extremely smooth, just like surfing the Internet.
Any good application design must consider the users' requirements. We hope that with VBOX, users can rely on independent wallets to perform all required activities and experiences, including encrypted custody, voting governance, on-chain transactions, NFT generation, airdrop collection, pledge delegation, asset portfolio, etc. Users don't need too many choices, they just need the best one.
VBOX will build a platform-level DAO incubation area to help new ideas and projects cold start through the on-chain community and realize value exchange. The birth of ConstitutionDAO proved the feasibility of fair launch. The transformation of Sos is a testament to the vitality of DAO development. The Marshall Islands announced that the DAO organization has a legal entity, which is a precedent. The DAO organization will become the first choice for cold start of projects and ideas, and there is a foundation for rapid financialization.The VBOX parent DAO will serve as the cornerstone to capture more value.
VBOXDAO will set up a distributed strategic investment research laboratory, which is committed to bringing angel-level projects and investments into the DAO framework, allowing the community to achieve no-threshold first-level investment, zero-risk selection of targets, maximum capital efficiency, and transparent asset management.
VBOXDAO will become the circulation hub of various assets and the center of information gathering. Shared liquidity pools, cross-chain DEXs, atomic swaps, native nesting, etc. It will help VBOXDAO users to enjoy a second-level confirmation transaction experience in a low-cost environment. The lightweight second-layer network is used to build decentralized social applications, and the tokenization model is introduced through the central bridge to open up real SocialFi.
VBOXDAO will build its own metaverse world and introduce scene-based experience. Users can access visualize social networking, games, wrap-around hall transactions, custom virtual space, open square market, virtual music festival, mega city, punk world, custom service and more,through virtual identity with one click. Supplemented by powerful hardware rendering, data optimization, and scene construction capabilities, VBOX will become a representative of the immersive on-chain community.
2022.2 Launch the VBOXDAO building plan and create official social media accounts and groups.
2022.2 Release the VBOXDAO Donation plan and publicize it in the community.
2022.2 Release the VBOXDAO creation series NFT, and complete the minting through the community whitelist.
2022.3 Start the development of VBOXDAO parent platform.
2022.4 Incubation of first-level Child DAO.
2022.6 Set up a distributed investment and research laboratory and start the VCDAO plan.
2022.9 Establish shared liquidity pool.
2022.12 VBOX DeFi one-stop experience plan.
2023.3 VBOX social application release.
2023.6 Central Bridge Integration.
2023.12 VBOXverse starts.
VBOX DAO is committed to building an integrated and a visual DAO community on the blockchain, relying on social networking, infrastructure, DeFi, identity, virtual market, etc.
The past two years have been spectacular for the crypto world. In August 2020, we ushered in the Defi summer, which started a boom in the liquidity mining. In 2021, we had witnessed the ecological explosion of the public chain, the strong rise of the chain game sector, and the new narrative of the metaverse throughout the year.
After a decade of precipitation, the world on the blockchain has finally ushered in decent growth. The flow of capital has never been so smoother, the user experience has been vastly improved, and innovations are emerging in endlessly.
At the end of 2021, the emergence of Constitution DAO brought distributed autonomous organizations back to the public eye. A series of large and small DAOs such as SOS and Moon DAO have shown us the powerful vitality of the distributed autonomy. Innovation comes from productivity, and strong capital efficiency and division of labor will be the cornerstone to ensure innovation and expansion in the encryption field. The traditional shareholding system or the outdated organizational form is completely unable to meet our low threshold for innovation, zero friction cost interaction, fast cold start , fair and open management. In short, we need DAO, a DAO that can innovate quickly , a DAO capable of unity and rapid adaptability, or a strong on-chain community.
We always believe that the on-chain world is the place with the most growth and vitality. This is the premise.
· Similar to the rise of the early Internet, we are still in the early stage of the crypto explosion. The current number of users and market capacity are still very small. Obviously, we need more users and a larger ecosystem. The growth of these 10 years is obvious to all, but is this enough? A large number of users cannot use wallets or even don’t understand what cryptocurrency is, but one thing to praise is that FTX and coinbase put out an uplifting crypto ad at the Super Bowl over the weekend, which may be a new beginning.
· Then things become simple: we need a scenario or a way to allow more new users to easily understand and enter the huge encryption market.
· All business systems and infrastructure are not there from the beginning. Even the simple public chain ecology we see now is still a prototype that consumed a lot of capital and manpower. As we said before, innovation and development require investment, and the essence of decentralization is coming from the masses and contributing to the masses. We all know that the phenomenon-level boom caused by Ethereum in 2017 stemmed from the greatly reduced financing threshold, allowing more ideas and thinkings to emerge. Although a large number of projects ended in failure, fortunately, we have seen a number of excellent projects growing up, such as uniswap, polkadot, makerdao, etc., and this is the charm of the encryption world: you never know what will happen in the future, and the real code of wealth is likely to exist here.
· The crypto world has long followed the basic path of hardworking cultivation and construction - fanatical promotion - destruction and precipitation. Without hard work and construction, there will be no fanatical foundation, and without precipitation after destruction, there will be no jewels left behind. So here comes the question, since bubbles are inevitable, of course we have to embrace bubbles. Can a craze like the one triggered by Ethereum be revived? The answer is absolutely.
· Defi has created a large number of financial agreements and capital deposits, and the public chain infrastructure has provided a sufficient operating environment. But this is far from being convenient. Users who are accustomed to centralized exchanges have difficulty in adapting to decentralized exchanges, and it becomes difficult to transfer funds from the BSC chain to avax or others. Scene experience such as games often requires asset switching and compatibility issues. Complex pledge processes, operation guidance or unreasonable mechanism design often make users at a loss, and Defi is far more than just pledge mining.
Why traditional financial facilities can attract users? Because there are bank-level services. On-chain finance should become foolish, and everyone can use via one-click, instead of letting users hold their wallets to explore by themselves.
· The crypto world now has a brand new name called the Internet of Value, but we can be very sorry to say that it doesn’t deserve that title. The primary standard of the Internet of Value should be interconnection, but the current various Dapps almost exist independently. Information interconnection is almost negligible. A small number of cross-chain bridges are trying to solve the path of capital integration, but this has created new problems such as security problems, communication difficulties, performance degradation, increased costs and so on. The Internet of Information only saw that v God's blockscan chat made a little attempt, but it didn't have any experience at all. Ethereum is going to be Layer 0, which cannot and will not solve this problem.
Born in the crypto world, we don't have much experience. But we are the aborigines of the encrypted universe. We naturally need integrated solutions, so that technology belongs to technology and service belongs to service. We need a one-stop solution, and we need to have smooth social interaction and expression in the multiverse on the chain., just like your daily surfing on the Internet.
· Friends who have been playing on the chain for a long time often feel a strong sense of powerlessness. Just a few days ago, the Wormhole was hacked to lose $320 million worth of assets. Every day we see a large number of protocols being attacked and assets being stolen but we cannot do anything. Some protocols have even been attacked many times, such as cream, but we can hardly avoid the risk of self-theft and bug. A large number of assets are exposed to risk, and smart contracts become vulnerable.
We need secure services and experiences so much that we can ignore all the other trivial issues. How do we solve problems in the real world? Why has the blockchain become so handicapped? Clearly, wallets empower us to choose, and you can vote with your feet.
Based on the structure of realistic needs and trends, we propose the concept of Parent DAO. The Parent DAO is the base carrier for the integrated community on the chain, the basic protocol for incubating Child DAOs (small functional DAOs), the hub for multi-chain asset interaction, and the center of the social metaverse.
With Vbox, users can complete a minimalist encryption experience. To truly realize a wallet to open up the entire encryption world, users only need to complete basic asset recharge such as usdt or ETH, and leave the rest to VBOX. VBOX's nanny-level service will cultivate users into a loyal long-term users, making the encryption experience extremely smooth, just like surfing the Internet.
Any good application design must consider the users' requirements. We hope that with VBOX, users can rely on independent wallets to perform all required activities and experiences, including encrypted custody, voting governance, on-chain transactions, NFT generation, airdrop collection, pledge delegation, asset portfolio, etc. Users don't need too many choices, they just need the best one.
VBOX will build a platform-level DAO incubation area to help new ideas and projects cold start through the on-chain community and realize value exchange. The birth of ConstitutionDAO proved the feasibility of fair launch. The transformation of Sos is a testament to the vitality of DAO development. The Marshall Islands announced that the DAO organization has a legal entity, which is a precedent. The DAO organization will become the first choice for cold start of projects and ideas, and there is a foundation for rapid financialization.The VBOX parent DAO will serve as the cornerstone to capture more value.
VBOXDAO will set up a distributed strategic investment research laboratory, which is committed to bringing angel-level projects and investments into the DAO framework, allowing the community to achieve no-threshold first-level investment, zero-risk selection of targets, maximum capital efficiency, and transparent asset management.
VBOXDAO will become the circulation hub of various assets and the center of information gathering. Shared liquidity pools, cross-chain DEXs, atomic swaps, native nesting, etc. It will help VBOXDAO users to enjoy a second-level confirmation transaction experience in a low-cost environment. The lightweight second-layer network is used to build decentralized social applications, and the tokenization model is introduced through the central bridge to open up real SocialFi.
VBOXDAO will build its own metaverse world and introduce scene-based experience. Users can access visualize social networking, games, wrap-around hall transactions, custom virtual space, open square market, virtual music festival, mega city, punk world, custom service and more,through virtual identity with one click. Supplemented by powerful hardware rendering, data optimization, and scene construction capabilities, VBOX will become a representative of the immersive on-chain community.
2022.2 Launch the VBOXDAO building plan and create official social media accounts and groups.
2022.2 Release the VBOXDAO Donation plan and publicize it in the community.
2022.2 Release the VBOXDAO creation series NFT, and complete the minting through the community whitelist.
2022.3 Start the development of VBOXDAO parent platform.
2022.4 Incubation of first-level Child DAO.
2022.6 Set up a distributed investment and research laboratory and start the VCDAO plan.
2022.9 Establish shared liquidity pool.
2022.12 VBOX DeFi one-stop experience plan.
2023.3 VBOX social application release.
2023.6 Central Bridge Integration.
2023.12 VBOXverse starts.
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