The arrival of the Web3 era heralds a future where the internet will evolve towards greater freedom, openness, security, and well-being. With internet technology advancing rapidly and becoming increasingly integrated into people’s lives, Web3 will completely transform the way we live and work. In this new era, people are no longer constrained by existing resources and can more equally access wealth and reputation.
As a product of the Web3 era, DAOs will assume the functions of organizing in this new era. DAO, short for Decentralized Autonomous Organization, is a novel way of human collaboration. It represents a collaborative behavior that emerges spontaneously from a group of individuals who reach a consensus to create, build, govern, and share together. DAOs will revolutionize existing work models, enabling the true embodiment of individual value.
Recently, MetaBase, the leading global Web3.0 platform, launched its new ecosystem, MbaaSwap Incubator (mbaaswap.com), which has attracted significant attention in the industry due to its risk-free model design with no native dumping pressure and its “one-sided rise” non-inflationary DeFi mining model. Since the launch of its ecosystem token MBAA, it has achieved an impressive cumulative growth of 882%. On July 8th, the MetaBase Foundation announced in its community that it will fully launch the “1000+DAO Community Alliance Construction Plan,” investing $5 million in supporting the construction of DAO communities. Simultaneously, it will initiate the “1 Million USDT Monthly Invitation Plan,” aiming to drive the ecosystem towards higher value.
As the ecosystem platform for MbaaSwap Incubator, MetaBase has already established its consensus communities in over 20 countries and regions worldwide. MetaBase CTO, Anish Kapoor, expressed that we have fully disclosed all smart contracts and code repository addresses on the MbaaSwap Incubator’s official website. The liquidity pool is locked, permissions are discarded, and we have technically adopted the UNI V2 full-stack innovative source code to provide maximum security assurance for all participants. The Community Alliance Construction Plan is another important step in MetaBase’s full support of the application ecosystem’s development in MbaaSwap. We also hope to see more users actively participating in this plan.
The “1000+DAO Community Alliance Construction Plan” by MbaaSwap is open to all MBAA token holders. The primary objective is to build 1000+ DAO communities, and qualifying community teams that achieve 20,000 U in incremental LP value will receive a subsidy of 1,000 U. The plan is set to run until the end of September 2023. Additionally, MbaaSwap will regularly organize global community consensus activities to collaboratively construct alliance communities. Specific application requirements for community subsidies are as follows:
- Community accounts should directly refer to 5 valid accounts.
- The community account team refers to 20 valid accounts + the community team’s cumulative performance reaches 20,000 U value.
- Possesses the ability to independently manage the community.
In the application process, MbaaSwap mentions that participating communities need to provide their address, community name, and screenshots of their community U-values to the official customer service or through email. Once the DAO Community Council completes the review process, the subsidy reward will be transferred to the community account address. It’s worth mentioning that in the “1 Million U Monthly Invitation Grand Prize Plan,” MbaaSwap has introduced an unlimited reward policy of “100 U reward for every accumulated 2,000 U directly referred.” Moreover, once the accumulated rewards for participating users reach 10,000 U or more, an immediate doubling of the rewards is offered, greatly inspiring the enthusiasm of community members to participate.
What makes MbaaSwap DAO Community particularly appealing is not just the smart contracts themselves but the value it brings through community participation. Emphasizing the roles and achievements of participants within the community fosters a sense of recognition and special status, motivating them to become more active. Participants feel that the community is free, equal, and intrinsically driven, where they are not just mechanically completing assigned tasks, but rather pioneering with like-minded individuals and creating profits together. This might be the reason why MbaaSwap DAO Community encourages users to voluntarily participate.
The beauty of innovation and disruption lies in building new tools that people can use to create a world that aligns with their ideals. Clearly, MbaaSwap’s incubator aims to create a “participation and benefit for all” Web3 world through decentralized incentives, igniting a wildfire of engagement within the DAO community.