DAO (Decentralized Anonymous Organization) has recently become a new trend in the crypto sphere. 420 DAO, a newborn project with an ambition to build the right decentralized digital future for everyone, represents its unique features and innovative approach as opposed to a traditional DAO.
420 DAO is a coordinating and supporting body that helps in the development of decentralized economies using its robust setup and its $420 token. It takes a three-pronged approach to boost the decentralized economies in the crypto-verse including building, investing and governing.
The 420 DAO ecosystem is powered by 420 token that has in-build properties, namely, Store of value, Membership value and Governance value. The unique feature of 420 DAO is presented through its staking mechanism where token holders are rewarded handsomely once they commit. Besides, token users are protected by 3 layers of value including Floor price, Intrinsic value, Membership value, which aims to shield users from high crypto volatility.
420 DAO is also tackling the age-old issue of operational capabilities of DAO funds through what it calls its operational budget. This budget is just one part of 420 DAO’s financial setup, which has its native 420 token at its center.
At present, 420 DAO is on its final stage of preparation for the launching event which will occur in February 2022. The referral campaign has been kicked off for all crypto enthusiasts to start learning about the project.
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