DAO

Decentralized Autonomous Organization

We are going further than just monetization — we believe that creators should be in charge of how the platform their creations live on is developing. This is why we introduced WONDER as both a future in-app currency and a governance token — in other words, we are bringing the decision-making power back to the users.

Using a blockchain-based, in-platform currency like WONDER does help us to create a more engaging, secure, and transparent virtual environment for all the platform participants.

But decentralized ledger technology offers an even broader opportunity — the creation of a Decentralized Autonomous Organization (DAO). These organizations are governed by computer code (smart contracts).

As such, DAOs have the ability to work autonomously, without the involvement of a central authority. At Wonderlive, we believe that users should have a say when it comes to product development and community decision. After all, this is the essence of the Web3.0!

Our DAO is structured as a token-based membership. This means that users holding WONDER can vote on different plans and decisions, as well as submit proposals.

Exclusive NFT collections

WONDER holders can vote on special edition NFT collections prepared in partnership with world-class brands and artists.

Submission of proposals

Every Wonderlive users holding WONDER can submit pre-proposals to the Council. These proposals can target any aspect of the product or community management.

Council participation

Participants with a significant stake of WONDER can join the Council. The council holds proposal rights over the DAO. This group acts as a filter for malicious proposals.