🍡Introduction
Dango Token is an ERC20 Token on the Base Network designed to promote and embody the principles of equality, fairness, and inclusivity in the world of digital finance. In a time when the traditional financial system is rife with inequality and exclusion, Dango Token aims to provide a decentralized and equitable alternative. This whitepaper outlines the vision, technology, and governance structure of Dango Token.
Cryptocurrency has the potential to revolutionize the global financial landscape, but many existing projects have fallen short of their promise to create a more equitable system or have been outright scams or rug-pulls. Dango Token was conceived to address these shortcomings and introduce a truly egalitarian digital currency.
🚰 Faucet: The free faucet will drop $Dango until the Faucet Address is empty. You only have to pay the gas fees which are negligible on the Base Network. The Faucet rewards early users and creates equitable access to the Dango Community.
📈 Staking (Coming Soon): Staking will reward those who lock their $Dango for longer. Time-locked staking rewards those who have confidence in the Dango Community while it discourages pump-and-dump schemes.
🖼️ Council of Dangos NFT-s (Coming Soon): The holders of the NFT-s will be the voting body of the Dango Community. All NFTs will be freely given out during a 3-year period based on merit and a lottery system, and all author fees will be used to burn $Dango.
🗳️ Governance Pool: A massive 18 Billion $Dango Governance Pool has been locked, and it will become available once all Council of Dangos NFTs have been issued (NFTs will be given out during a 3-year period to the community).
⚙️ Organic Use-cases: The council will propose and vote for use cases for which the Governance Pool will be used. Such use cases may be: marketing, research, developer incubator, gaming, merch, charity, and more.
👬 Community Driven: There are no paid employees in the Dango Community. So there is no financial incentive to mismanage the project or dump vesting tokens.
✊ Passionate Development: The Dango Project aims to combine economic theory with computer science to create a truly unique community based on equality.
Last updated