Since the inception of PolkaDAO we’ve seen an incredible amount of support from teams and individuals signaling their support. Today we’re excited to announce that PolkaDAO is officially live!
Now is the time to make a proposal! If you’re looking for a team, have already built a team or just have a cool idea, the Polkadot community is ready to hear it! If you’ve been hanging out in our Discord channel you might have seen this document outlining a good format to make a proposal.
Over 5 teams and 10 individuals have already signaled their support for creating a proposal. From creatives looking to fund their artistic project for polkadot to developer-focused teams intending to build on Substrate; there’s a whole lot for anyone to experiment with.
Join the experiment
Anyone who holds DOT tokens from the prior token sale will be given a proportional amount of reputation to vote on proposals within the PolkaDAO. This reputation is initially given 80% for DOT holders and 20% for individuals and teams who have contributed to the initial rollout of PolkaDAO in some fashion, community building or otherwise.
Note: You will need to redeem your reputation to a separate ethereum address from your DOT placeholder account by following these instructions. You must follow these instructions to redeem your reputation to an account you own DOTs on, even if you decide to use the same ethereum address for reputation.
- DAO Resources: For further reading on how reputation works check out this informative forum post from the DAOstack team.
- Tutorials for using the DAOstack platform can be found here.
- A very informative walkthrough for the platform entitled “The TAO of the DAO” should also be reviewed before making a proposal and contributing for good measure.
Reputation will be rewarded to those proposals who pass and individuals who would like to participate can also request for reputation to be given to them on a case-by-case basis, the higher your participation the more chance you have of getting some reputation voted in by the DAO. So join the conversation today and let’s get this DAO shakin’!