SpiderDAO

About SpiderDAO

{"time":1704989267000,"blocks":[{"data":{"level":6,"text":"Highlights"},"type":"header"},{"data":{"items":["SpiderDAO is the industry’s first hardware enabled DAO.","It bundles multi-layered hardware and software tools on top of the Polkadot Network.","SpiderDAO’s vision is to create provable, open-source, and decentralized VPN and add Spider dVPN and ad blocking."],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Product"},"type":"header"},{"data":{"level":1,"text":"SpiderDAO enhances the Dao concept by introducing a dual-governance model."},"type":"header"},{"type":"paragraph","data":{"text":"💎 This model bundles together hardware and software tools with on-chain elements, which provides a whale-resistant governance solution."}},{"type":"paragraph","data":{"text":"💎 Our dashboard features include SpiderMarket, Governance, Hardware, Future Products, VPN Rewards, Liquidity Mining, and Wallet services when it comes to its dashboard features."}},{"data":{"level":6,"text":"Problem"},"type":"header"},{"data":{"level":1,"text":"The current DAO frameworks lack in terms of efficiency and sustainability."},"type":"header"},{"type":"paragraph","data":{"text":"Currently, existing on-chain voting mechanisms have a tendency to descend into plutocracies whereby those who accrue more tokens, have the biggest say at the detriment of smaller token holders. As such, they require a robust new standard that will withstand the adversity that their use-cases imply."}},{"data":{"level":6,"text":"Solution"},"type":"header"},{"data":{"level":1,"text":"SpiderDAO provides a “whale-resistant” governance solution."},"type":"header"},{"type":"paragraph","data":{"text":"This is done by leveraging a multi-layered governance setup. To mitigate the shortcomings of the current DAO frameworks, governance is built with hardware and software tools together on-chain."}},{"data":{"level":6,"text":"Business Model"},"type":"header"},{"data":{"level":1,"text":"SpiderDAO is underpinned by the Polkadot consensus mechanism."},"type":"header"},{"type":"paragraph","data":{"text":"This utilizes a network of hardware routers that are deployed by DA participants as a ticket for electing coting. Through leveraging clever token economic designs, the $SPDR token will be the core support of the economies and interactions among all the participants in the network and actors of the DAO."}},{"data":{"level":6,"text":"Market"},"type":"header"},{"data":{"level":1,"text":"The main competitors are BlueCat, EfficientIP, EntCloud, DNS.com."},"type":"header"},{"type":"paragraph","data":{"text":"However, the main competitive advantage SpiderDAO has is that it offers hardware-enabled DAO voting, whale-resistant, dual-governance model, secure VPN access, dashboards, and security governance. Additionally, there is also bandwidth monetization, attack resistance, and protection against hardware manipulation with node technology."}},{"data":{"level":6,"text":"Investors"},"type":"header"},{"data":{"level":1,"text":"SpiderDAO raised a total of $2 million."},"type":"header"},{"type":"paragraph","data":{"text":"The notable investors include 6K Starter, GD10 Ventures, Vendetta Capital, CSP DAO, and X21 Digital."}},{"data":{"level":6,"text":"Team"},"type":"header"},{"data":{"items":["Nathan Varty (CEO)","Žiga Flis (Co-Founder)","Anas Sayed (CTO)","Dr. Alfie Zhao (Hardware Advisor)","Pierre Laurent (Blockchain Advisor)","Alexander Petek (CMO)"],"style":"unordered"},"type":"list"},{"data":{"level":6,"text":"Token Utility"},"type":"header"},{"data":{"level":1,"text":"$SPDR is the native cryptocurrency token for SpiderDAO and is the first-ever token to be listed on the Polkastarter exchange."},"type":"header"},{"type":"paragraph","data":{"text":"This $SPDR token is the cornerstone of the SpiderDAO ecosystem and is designed to capture value creation within the network by enabling the development of a fair and self-sustaining ecosystem.\r\n$SPDR can be used for liquidity mining, governance, and access to the dashboard."}}],"version":"2.27.2"}