Create your DAO with XDAO in 1 minute

TRON Hackathon Hackathon Season 1
1

Project Name : XDAO
Project Track : DeFi
Team Member(s) : 10

Project Goal : We want to make Decentralized Finance more accessible for people.

What is XDAO

In XDAO a group of people can easily create a Decentralized Autonomous Organization (DAO), deposit crypto assets, manage them by voting, sell DAO shares and directly interact with DeFi protocols.

In short, XDAO is a fully customizable DAO builder for treasury management, multisig wallet and the platform for investment. DAOs on XDAO can be any-sized companies.

Team

The XDAO team consists of more than 10 people with rich experience in traditional finance and cryptosphere. We have been hard at work throughout the year. Successfully launched the first version of the protocol and brought XDAO to perfection already in the current version.

:dart::dart::dart: What can be done with XDAO:

– Manage the treasury of the DeFi project

– Manage and distribute (salary, marketing, etc.) capital in any organization on the blockchain

– Invest in DeFi with shared assets

– Buy NFTs and collectively participate in GameFi

– Carry out charitable activities

– Participate jointly in allocations, IDO, Launchpad

– Manage family assets

and much more!

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Multichain Support: Ethereum, Polygon, BSC, Avalanche, Fantom, Aurora, Optimism, Boba, Celo, OEC, Metis, Heco, Moonbeam, Moonriver, TRON (soon!)

:chart_with_upwards_trend: TVL $50M+

380x growth in 2.5 months from the launch of Version 2.0

Milestones

April 2021 - Launch of V1 on BSC Mainnet

June 2021 - Launch on Polygon

September 2021 - XDAO V2 Smart contracts Development + 2 Audits passed

October 2021 - XDAO V2 Interface development + Media campaign

December 2021 - XDAO V2 Official launch on Ethereum, BSC, Polygon, HECO + Private Investment round + API Snapshot Integration

Q1 2022 (now) - Available on 14 blockchains, $50m+ TVL, 700+ DAOs + Three modules have been developed + Integration of Tron

Q2 2022 - Launch of XDAO Token + Launchpad + Listing on DEXes and CEXes

Q3 2022 - Modules development + Media campaign

Kiiller features

Links

:star: Project:

:small_orange_diamond: dApp: xdao.app
:small_orange_diamond: Docs: docs.xdao.app
:small_orange_diamond: Github: XDAO Platform · GitHub

:bell: Our social media:

:small_orange_diamond: Twitter: twitter.com/xdaoapp
:small_orange_diamond: Instagram: instagram.com/xdaoapp
:small_orange_diamond: Medium: XDAO Blog
:small_orange_diamond: YouTube: youtube.com/channel/UCC58I-ghebVRepbwVsyJnCQ
:small_orange_diamond: Telegram (channel): Telegram: Contact @xdaoapp

:speech_balloon: Discussions:

:small_orange_diamond: Telegram :us: Telegram: Contact @xdao_eng
:small_orange_diamond: Telegram :ru: Telegram: Contact @xdao_rus
:small_orange_diamond: Telegram :cn: Telegram: Contact @xdao_cn
:small_orange_diamond: Discord: discord.gg/AjyGhmQvFT

Feel free to ask any questions and join our community! :grinning:

11 Likes
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Hi @XDAO
Welcome to TRON!

You have some nice accomplishments so far and good to see you adding support for TRON soon. It’s also great to know that XDAO and TRON pursue the same goal of making DeFi more accessible for people.

We have a couple of questions that we think the community may find useful, so kindly get back to us when you have some time.

  1. Since you already have a working product on many blockchains, do you foresee any potential issue to deploy on the TRON blockchain? When can the community expect a working solution on TRON?

  2. There are hundreds of DAO created with XDAO, can you give us a brief percentage breakdown of what purposes are people using the DAO for?

  3. Each blockchain has its own advantages and disadvantages compared to other blockchains. What advantages can the XDAO platform benefit from if it is deployed on TRON?

  4. Cost is a major factor that the community will consider before getting onboard. Can you let us know roughly how much does it cost to deploy a DAO to manage the treasury of a DeFi project on other blockchains using XDAO? How much roughly will it cost when XDAO is ready on TRON?

  5. Other than expanding and integrating with more blockchains in the future, what kind of new features can we expect to have on XDAO?

Looking forward to hearing back from you. Thanks!

7 Likes
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  1. We plan to deploy on TRON on March 12th. We have already tested our smart contracts and their work with TRON and everything is fine.

  • About 70% - Invest DAOs (Investor syndicates, Venture funds, Trust management funds)

  • 25% - Defi Protocols, which manage the project’s treasury or implement part of its mechanics with DAO.

Also recently, many gamefi guilds have become our partners and plan to use DAO in their projects.

  1. DAO makes Decentralized Finance more accessible, allowing you to pool capital and manage it in a secure and transparent way. Tron has a very strong community and potential, so we want to bring DAO to TRON.

  2. Our smart contracts are as simple and as secure as possible, so creating a DAO on XDAO is one of the cheapest among all competitors. Creating a DAO on XDAO is free, you pay only for gas.
    For example, on the Ethereum network, creating a DAO costs approximately 0.01 ETH. BSC up to 0.02 BNB, Polygon up to 0.2 MATIC.
    The hybrid voting system allows you to vote much cheaper without sacrificing security.

  • Creation of new modules

  • Work on the user interface, adding additional infographics about DAO, adding analytical tools for DAOs

  • Integration of XDAO token into our ecosystem

Thanks! We are very excited about being part of the TRON ecosystem. And we are confident that together we can make Decentralized Finance easier, more accessible and safer for everyone. :rocket: :rocket: :rocket:

4 Likes
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maybe too complicate to me, but it seems interesting.

1 Like
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yeah, I was super confused but it is still a really dope idea. they launch on Tron on the 12th excited to see the outcome.

1 Like
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As a DAO addict, this is THE project I’ve been waiting for. The multi-chain and modular approach is extremely groundbreaking. This is the tool that every project that wants to run a DAO on Tron or BitTorrent Chain needs. Thank you for helping to build an even more attractive and inclusive ecosystem. Saying congrats is not enough. You can expect my full support.

5 Likes
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It´s seems to be a great project!! Good luck!

2 Likes
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Great project, hope you guys best

1 Like
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Very promising, and good vision!

1 Like
10

Looks promising especially if it’s gas free

1 Like
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Looks real good, best of luck

1 Like
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Good job, great project

2 Likes