What is H2O DAO (H2O)?
H2O DAO is an innovative decentralized platform that uses a Decentralized Autonomous Organization governance system and provides its members with the latest blockchain industry news and advantages. It not only allows them to benefit from the growth of the sector, spread decentralization ideals, and create brand value, but also contributes to the overall development of the blockchain environment.
The community boasts a large number of investors, supporters, and DeFi users in the crypto industry and has established an expansive base of members. The initial core members are well-connected with many blockchain project parties and technology development teams. The governance of the organization is handled in a decentralized fashion. This means that the rights and duties of participants, as well as future plans, are determined collectively by all those involved.
Benefits such as early access to products being tested within the community, rewards for tokens related to projects, whitelisting opportunities, and more are provided to the members of the H2O DAO crypto project. Furthermore, selected assets from the group have been aggregated into launchpads that provide them with premium support from this sector.
The H2O token is the native utility and governance token of the platform. The live H2O DAO price can be seen on the H2O price chart featured above.
Use Cases of H2O Tokens
H2O coin is the driving force of the whole project. Talking about its use cases, for starters, token holders can vote on community-proposed governance proposals in proportion to how many H2O tokens hold.
Also, those with H2O crypto tokens can gain access to special channels in the community media where they can receive industry information and knowledge.
Besides that, H2O holders are eligible for airdrops from third-party corporate projects, as well as priority casting rights for NFTs related to such projects.
Don’t forget that you can view the live H2O DAO price on the chart above. It features the current and the previous H2O price.
Who Founded H2O DAO?
Being a decentralized platform, the major founders of the project have chosen to remain anonymous. However, it is expected that the team members would be made up of software engineers, crypto enthusiasts, developers, and finance experts.
H2O DAO Tokenomics
The max supply of H2O tokens is set at 1 billion. The supply distribution is as follows:
- 20% – community operations;
- 10% – core development;
- 10% – early contributors;
- 20% – ecosystem building;
- 40% – community vault.
Since the supply has a limit set, the H2O crypto assets will become more scarce in the future. This might result in an increase in the H2O price.
