What is Meeds DAO (MEED)?
Meeds is a cryptocurrency token created by the Meeds Association, a non-profit organization initially launched by several Open Source Software (OSS) communities around the common vision that web3 and decentralization will change forever the relationships between workers and employers.
Employees will be able to receive Meeds tokens as part of their companies' contribution programs while working on various software projects during their workdays. The tokens are designed in compliance with the Ethereum ERC20 blockchain standard.
Employees would then use their Meeds tokens on their company's perks store, thus replenishing the company's Meeds pool.
Employees are also free to exchange MEED for other currency and invest it in DeFi protocols.
What makes Meeds DAO unique?
Meeds DAO (MEED) is a decentralized autonomous organization (DAO) that aims to revolutionize the way people work. The project is based on the idea of creating a Web3 recognition hub that rewards contributors with tokens for their work. Meeds DAO is unique for the following reasons:
- It is the first DAO to focus on recognition and rewards.
- It uses blockchain technology to ensure that prizes are distributed fairly and securely.
- It is built on a decentralized platform, which means that it is not subject to the control of any one entity.
- It has a strong community of users and developers who are committed to making Meeds DAO a success.
Meeds DAO has the potential to change the way people work by making it more rewarding and efficient.
How many Meeds DAO (MEED) tokens are in circulation?
The Meeds tokens are minted over time at the rythm of 10 per minute, with a total supply of 100 million tokens. The fully minted horizon is in year 2042.
How is the Meeds DAO network secured?
The Meeds DAO project is based on the Ethereum blockchain, one of the most secure blockchains in the world. It is also bridged to the Polygon network, a layer-2 scaling solution for Ethereum. Additionally, the Meeds DAO network uses smart contracts to automate the distribution of rewards. Smart contracts are self-executing contracts that are stored on the blockchain, making them very secure and transparent.
Where can you buy MEED?
Meeds (MEED) is available for trading on several cryptocurrency exchanges, including Uniswap, SushiSwap, and Tokpie. Cryptocurrency and stablecoin pairs are currently available for trading MEED.
Who are the founders of Meeds DAO?
Launched in 2020, by several open-source software vendors, the Meeds project has established itself in Switzerland as a non-profit association. https://www.meeds.io/about-us
Meeds DAO embodies the visionary collaboration of two accomplished open-source developers, turned entrepreneurs, Patrice Lamarque and Benjamin Mestrallet.
Their combined experience and skillsets have paved the way for the creation of Meeds DAO, a testament to their dedication and ingenuity in the field.