BLOX Launches DAO to Initiate Decentralized Governance of its Permissionless Blockchain Ecosystem

March 15, 2022

BLOX Launches DAO to Initiate Decentralized Governance of its Permissionless Blockchain Ecosystem

BLOX, a decentralized public chain registered as a DAO LLC in Wyoming, USA, launches its Decentralized Autonomous Organization, or DAO, to initiate frictionless decentralized governance of its blockchain universe with the goal of furthering the autonomy of the community, improving security, and providing more opportunities for crypto and blockchain investors globally.

BLOX master nodes are located around the world including Africa, Asia, North and South America, and Europe; its electronic and automated management system enables involvement from everyone in its mission by allowing members to contribute to a decentralized core with ease.

BLOX is allocating a supply of 100,000,000 shares at the initial cost of 0.00001 BTC per stake to become a member of the organization. Contributors participate in the DAO’s growth, innovation, and evolution as well as the continuous returns from smart contracts, and the appreciation of BLX, the BLOX native crypto.

BLX has a total supply of 84,000,000, easily accessible and mineable by anyone with a stable Internet connection and a desktop computer. To date, BLX has over 25,000 crypto holders since its public launch in 2020 and is approved for public listing with Coexstar this year.

Contributor incentives includes voting power, smart contract creation, real-time dividends, no exit restrictions, and the opportunity of being an early member of an organization with exponential value potential in the coming years. Members have different levels of benefits based on their input values.

BLOX is focusing on providing a holistic platform to its users where they can have access to all elements of blockchain technology including smart contracts, DeFi, and NFTs under one roof. BLOX as a DAO makes it a community-led organization sharing common goals, from profitable investments to building impactful products that can be used for a vast array of purposes — finance, governance, voting, education, fundraising, investment, art, global currency, and more.

Deployed just a month ago was BLOX’s smart contract implementation or BLX2, which uses the proof-of-stake (PoS) mechanism to generate and operate BLX2 assets. This feature allows users to create their own assets or tokens or NFTs on the BLOX blockchain (aka the “BLOXchain”) at a fraction of a cost compared to ETH and other smart contract services.

The BLOX ecosystem creates an entire digital alternative to banking and corporate institutions without all the associated costs, and holds the potential to make way for open, free, and fair financial markets that are accessible to anyone with an internet connection. Its use cases extend beyond decentralized finance projects and unique digital tokens or NFTs.

BLOX can support large scale global and international affairs such as the creation and implementation of global currencies for central banks with its Central Bank Digital Currency (CBDC) solution and even blockchain voting for elections or polls of any scale.

Ultimately, the emergence of DAOs has brought forth a powerful mechanism to manage blockchain protocols and presents a novel opportunity for individuals to get directly involved with passion projects and for institutions to innovate.

Think Ethereum. Now imagine being an owner of the Ethereum blockchain before its explosive growth, in addition to being an ETH holder. Similarly, the opportunity to own new and nimbler land (BLOX) instead of just a house (BLX) has emerged. Who knows, the next web could be built on BLOX.