About DAO ARK
DAO ARK is an investment fund with more than 420 investors (holders) in it. The money is held on the XDAO platform.
All investment decisions in DAO ARK are made using GT-tokens, there is no centralized power, corruption and nepotism. A minimum of 51% vote is required (138 participants at the present moment) for any decision to be made.
Every DAO ARK participant can:
- Propose their initiatives and attract investments;
- Consider any initiative and vote for/against;
- Invest in DAO ARK investment fund and earn passively;
- Transparently see all the activities of the community, from the proposed initiatives to the movement of money.
DAO ARK main current interests are:
- IT and FinTech in the crypto industry,
- Gold Mining,
- Media platforms,
- Real Estate.
DAO ARK investment process
- Participants of DAO ARK propose initiatives or find projects for investment.
- Generate initial proposal in DAO ARK telegram chat.
- Other members of DAO ARK audit the transaction and confirm that it is true and consistent with stated figures.
- A detailed investment proposal is formed with a review of the audit materials and posted on the DAO ARK chat to collect additional questions.
- After the questions are collected, they all are answered by the action group.
- Then initiate voting with a detailed description of the transaction at the platform XDAO. It lasts 3 days.
- Voting suggests a transaction into the account of one of the members of DAO ARK, who is responsible for the transaction with his/her GT tokens and may lose some of his/her GT for default or a negative outcome of the investment initiative.
Tools that are created to improve the efficiency of the DAO ARK:
- ARK Wallet — a secure and simple cryptocurrency wallet for storage and investment with FaceID 2.0 feature which confirms that 1 person = 1 wallet
- ARK Coin — a community cryptocurrency that gives you the opportunity to earn from its growth
- GT ARK — a management token that gives access to community resources, the ability to vote and take initiatives.
- ARK cash engine — the easiest tool for passive investing available to all ARK Wallet owners. You can earn 5–10% per cent on an annual basis on cryptocurrency just lying on your cryptocurrency wallet only in a couple of clicks.
- ARK Consensus is a smart contract created to decentralize the management of investment funds, labor and political relations online.
They provide transparent and secure investments, easy employment relationships, and a record of each individual’s reputation on the blockchain that cannot be faked or hidden.
ARK Consensus is an online relationship management and decision-making technology based on blockchain.
ARK Consensus does not cover all areas of life, but it simplifies the most common tasks of modern man online:
- blockchain investments,
- online employment,
- the interaction of DAO participants.
Consensus translates from Latin as ‘agreement’. The ARK Consensus system is based on reaching a solution that is acceptable to all participants of the work process. Such agreements are secured by a smart contract. This is easier, more transparent and faster than with the help of the classical legal system.
A smart contract can be built as a constructor by any DAO participant, including the possibility of any risks, the necessary budget, the dispute resolution system, the preferred level of experts to be involved in the execution of the smart contract or dispute resolution. It’s simple, it doesn’t require programming knowledge. A smart contract works transparently for both sides of the agreement, there is no fine print or complicated legal language.
To become a member of DAO ARK system, you need to purchase tokens: ARK Coin as a means of payment and GT Token as a voting and reputation tool.
ARK Coin can be bought for USDT, see how to do it in this instruction.
Every ARK Coin owner can get GT token in two ways:
1. exchange ARK for GT. The rate of exchange is now: 1GT = 1000ARK.
2. Receive GT from other DAO members.
ARK Consensus disputes can be dealt with on four levels:
- The participants try to agree in person level on the terms of completion of the contract.
- Examination by five random jurors from the number of DAO participants.
- Expert audit by five people. They are the more qualified DAO participants in a particular subject.
- Voting among all DAO participants. At this stage it is determined in advance how many votes must be FOR and AGAINST for the dispute to be resolved.
Participants pay a commission for reviewing the dispute at each stage. With each next stage the commission is higher. This commission is earned by the jurors for their work.
Tokenomic MVP1:
• DAO grants: 20%
• Public sale: 20%
• Team and owners: 20%
• Ecosystem:15%
• Liqudity: 5%
• Marketing: 5%
• Private sale: 5%
• Advisors: 5%
• Farming: 5%
DAO’s audience are modern people living all over the world, speaking Russian or English. The average age of active participants is 30–45 years old. They are interested in modern technologies, investments, and they have active personal and work life online.
How to buy ARKcoin?
Till the 30th of September you can buy ARK Coin at minimal price, before listing, 1ARK = $0.003. Read more about the latest round of fundraising and how to buy ARK Coin in this post — https://t.me/DAOARK/204.
P.S. This text isn’t an investment advice. Always do your own research!
