Historydao - Minting A History As NFT. A Solution For Modern Journalism?
NFTs come a long way to create such a sensation and new ideas over the internet. Many will see that the modern digital can provide a solution for better money making or certain aspects of life. Just like how historyDAO proposes a great solution for journalism's freedom as well as the great moments in history. It is something new, but should you join it??
The First Of Its Kind In Creating HistoryNFTs
The name itself has a pretty wild idea and unique proposal to consider, NFTs that fully focus on the historical event of life. It can be anything, which includes historical remains, events, items, buildings, people, or anything. It is pretty to consider since many histories can be included or listed in the NFTs.?
So, is it a good idea or simply weird? Checking out the whitepaper, the creator has a lot to say. It is an NFT that is not only about history, but also something with a positive purpose. That purpose mainly pinpoints press freedom, journalism, and historical memory. And the idea is to develop a community-owned DAO, not a personally owned media.?
The idea later comes with the compelling valuation, development, discovery, trading, and management of NFTs. With the community-based DAO, the HistoryNFTs put a value on pursuing truth and breaking speculation. That is why, the HistoryDAO has its function in developing, minting, trading, and collecting NFTS.?
Everyone got the chance in joining, which means everything can be minted simply by uploading headlines, text, articles, and images. The key is to provide a forever place to remember the major moment in the center of history. It also means that the initial NFT offering or INO can be issued pretty easily.?
The platform will crowdfund the historyNFT series, as the creator track series of tournaments, events, elections, competitions, and more with the NFTs. Everything will be under web3 infrastructure, which allows mint function, enrich information, and reduce the gas fees in storing data.?
The Key Function Of The NFTs
How the HistoryNFTs works is pretty unique. The DAO come with varying possible function and uses, which allow the users to get their share of benefits. In general, the platform will allow several functions such as minting historic events. All goes with DAO and using blockchain to provide the proper minting for the NFTs.?
The platform also includes other NFTs-related functions, such as trading on the platform. For more, the assortment of historical moments will also be supported with a browser function. It is one of the platform tools that help facilitate users' queries and browsing events. The idea fits with its initial function or purpose in supporting journalism with real information.?
A good function is the following feature. It is a feature where users got the chance in joining, following, and copying the NFTs. It is only limited to 10-30 minutes of historic event NFT creation and 100 users. The better security of the Ethereum network will later guarantee the mint function for more secure and clean transactions.?
Lastly, HistoryDAO is a platform for the historical event NFTs. For its function to run perfectly and develop a better major, the platform runs as a decentralized community. It also highlights the chance for community interaction, leading to annual, monthly, or weekly events. Those events help figure out the album creation, major collection, or person of the year.????
How Does It Work??
The platform introduces a new concept called an initial NFT offering or INO. It is a solution in which any user can propose a theme for the NFT collection, build support for participation, and contribute or purchase NFTs. It means the minting and the process can be fully done with community participation.?
The unique aspect of INO is how the platform will suggest and support promoting INO activity. The idea includes giving a reward to artists, journalists, or photographers for their participation in promoting themes and categories as INOs. It can propose pretty huge benefits in the future.?
A good explanation of how the INOs work is from an NBA playoffs record. With the wide range of results and pairings, the people behind its NFTs get the chance in increasing the values. People might favor the official NFT INOs, but there are many places of speculation and possible presentations that lead to other creative individuals getting better values.?
The Governance Token?
The HistoryDAO uses HAO coin as the platform running as an NFTs decentralized framework. HOA as the ecosystem fund will be distributed by the HAO foundation, which helps promote the best self-sustaining and diverse ecosystem. The HistoryDAO also has its membership, communication channel, and proposal process, to ensure the platform running as it is.?
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What is the Future of HistoryDAO?
Even if the company has a unique proposal, how good the prospect is? Based on the whitepaper, there is a good chance that the platform will change the proposal and voting mechanism. It is said that the platform is eyeing the possible full-on chain platform, which allows better function and possibilities with the DAO.?
It includes creating a community steering committee. Implementing voting annually and on-chain voting will also make it easier. There are also great points in which every DAO manager can be hired by consensus of administrative, legal, and moderation task. With that, the $HAO holder will have their voting rights as well as benefits in joining the HistoryDAO.?
Should You Join The NFTs??
HistoryDao is pretty new and considerably an infant in the world of digital products or NFTs. There are so many to look at, especially with how the NFTs will work in the future. It is best to say that you better wait up till the platform has a clear standing in its market. It will help get the better or best rate for the investment.?
At the end of the day, NFTs can turn into a great investment and digital items for now. There are also lots of NFTs ideas, which propose unique functions and options. HistoryDAO is one of them. It has an exclusive premise, which can be a great idea for a good investment. But before you put your mind to the NFTs, see the legitimacy and its possibilities in development to ensure your money won't go waste.
$HAO Token Listing is HERE!
https://www.huobi.com/en-us/exchange/hao_usdt/
https://www.gate.io/trade/HAO_USDT
https://www.bitmart.com/trade/en?layout=basic&symbol=HAO_USDT
Useful Information:
Website :?https://historydao.io/#/homePage
SOCIAL MEDIA
Twitter :?https://twitter.com/History_DAO
YouTube :?https://www.youtube.com/c/HistoryDAO
Medium :?https://medium.com/@HistoryDAO
Published by EVM address: 0x3946bc29197BF793CB796243109b39b019c3fC00