Tokyo, Japan, April 11, 2023, Chainwire
TemDAO is a World Heritage venture that goals to guard and protect cultural property by donations and democracy. The venture, powered by the $TEM token, ensures the long-term sustainability of worldwide cultural websites.
Lately, TemDAO has made notable donations for preservation efforts in Ukraine, Turkey, and different components of the world. These actions goal to assist communities protect their existence and their world heritage.
The crew stresses the significance of recognizing the significance of preserving the widespread cultural historical past of the world. TemDAO goals to have a constructive affect on international tradition by its distinctive technique and options.
The crew’s technique for the safety of World Heritage and cultural property
TemDAO has an revolutionary technique to guard world heritage and cultural property. The venture goals to empower people and organizations to stimulate initiatives that protect these necessary sources.
As a present initiative, the TemDAO crew is working with Ninna-ji Temple, one of many temples in Kyoto, Japan.
There are a lot of temples in Kyoto, however they’ve the issue of growing old and have to be repaired or rebuilt. Ninna-ji Temple and TemDAO are working collectively to attempt to rebuild the temple by donations.
The venture is predicated on clear transactions by which all bills are recorded on chain, making corruption unimaginable and permitting particular utilities to be provided to collaborators who agree with their aims.
The proposed utility is the best to remain in a particular a part of the temple. This room has an necessary historic significance, the place an previous emperor lived. Would not it’s historic to have the ability to keep in the identical room and expertise the identical sensations?
TemDAO explores the potential for connecting the world of Buddhism at Ninna-ji Temple with the fact of their DAO to make sure lasting safety and restoration of Ninna-ji Temple.
A system powered by democracy and the $TEM token
TemDAO is a platform that makes use of blockchain expertise to facilitate the safety and upkeep of World Heritage Websites. It options two types of democratic governance: off-chain voting, generally known as “mushy” governance, and on-chain voting.
The $TEM token serves as gas for this method, with a number of use instances:
- It permits holders to lock $TEM. The operation permits the group to handle fundraising proposals and resolve on the allocation of funds.
- It permits the group to pay fee charges for IP-NFT buying and selling.
- $TEM staking creates a pool for fundraising and venture evaluation.
- The $TEM repository permits customers to turn out to be nodes that evaluation initiatives whereas deterring dishonest.
The distribution of $TEM tokens goals to supply incentives to all stakeholders in a democratic method. Particularly, most tokens (62%) go to the ecosystem. This contains individuals within the safety of world heritage or cultural property and funds for tools and repairs.
Moreover, 14% of the tokens assist the crew push their advertising and marketing efforts. The identical quantity (14%) is devoted to the event of the platform and its help providers. The remaining 10% is within the arms of TemDAO stakeholders, such because the crew, traders, potential workers, and strategic companions.
TemDAO’s decentralized governance mechanism preserves world historical past by balancing token utility and fund allocation.
Latest donations from the World Heritage Preservation Challenge
The TEM Challenge crew not too long ago made donations to a number of organizations to help individuals and communities affected by world occasions. All of those donations had been constituted of the proceeds of $TEM.
Particularly, they donated funds to assist Ukraine after the 2022 Russian invasion. The crew donated for earthquake aid that hit Turkey in February 2023. The crew has contributed to NPOs and NGOs equivalent to “Save the Youngsters”, “Binance Charity”, and others by these donations.
The mission of the venture is to make sure that world heritage is preserved and guarded. In such a context, donations symbolize a direct technique of contributing to this goal. The venture crew is dedicated to making sure that their donations are used correctly.
About TemDAO
TemDAO is a DAO accelerator for the safety and improvement of World Heritage. The venture offers a broad ecosystem of sources and help to fund, govern and develop cultural property all over the world.
TemDAO makes use of a decentralized and democratic governance system powered by the $TEM token. This method preserves and maintains World Heritage Websites by off-chain and on-chain voting processes and extra.
The crew not too long ago partnered with Giving Block, a preferred title on the earth of crypto charities. The Giving Block has step by step established a repute as a go-to platform for nonprofits seeking to settle for cryptocurrency donations. This partnership is a superb alternative for TemDAO to strengthen its mission to guard valuable World Heritage Websites and speed up its fundraising efforts.
The venture’s latest donations go in the identical path, bringing aid and help to communities affected by international crises. In doing so, TemDAO ensures the preservation of world heritage for future generations.
The TemDAO web site and social media pages beneath present extra details about the platform, its options and the way it works.
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Contact
Advertising and marketing Director, Kei Sugimura, (e mail protected)
