Brief Introduction of Origo DAO (Decentralized Autonomous Organization)
From the very beginning of Origo.Network, true decentralization has always been the core mission. As one of many contributors at Origo.Network, Origo Foundation believes in true decentralization and, therefore, an open source platform like Origo.Network should be powered and run solely by the community to avoid polarization and achieve equality, which are important goals of blockchain.
To that end, Origo Foundation is continuously shifting all its power to the community towards decentralized autonomous organization, the Origo DAO, as a community driven platform and the below principles are suggested.Principles of Origo DAO
1. No centralized party should control ANY OGO TOKEN PRIVATE KEYS, nor the distribution of the OGO tokens, other than the team & advisor portion previously agreed by the community and token buyers;
2. No centralized party should control Origo.Network community chats, groups, etc. which were intended to be decentralized;
3. No centralized party should control the code development of Origo.Network, since the open source code shall be shared, created, edited, and developed equally by every member of the community.
Furthermore, in the near future, the below steps are to be taken in furtherance of Origo’s DAO structure.
A. Additional Developer Bounty Program Related to Mainnet Token SWAP Using Ecosystem and Foundation Reserve Tokens Up to 10,000,000 OGO (For detailed various mainnet token swap tech requirements, please contact firstname.lastname@example.org)
B. Burning Additional OGO Tokens (details to be announced)
C. Election of Community Manager Volunteer
D. Burning Team and Advisor Portion of ERC20 OGO (Future token distribution of the team and advisor portion will be automatically conducted through smart contracts on OGO mainnet with no human participation).
After taking the above measures, the Origo Foundation will have ZERO PRIVATE KEYS of any non-team origo tokens and will have no human involvement in token distribution. Thus, Origo.Network will move more towards true decentralization. Please stay tuned for more updates on Origo DAO in the near future.