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PRESS RELEASE. Tokyo, Japan, April eleventh 2023, Chainwire. TemDAO is a world heritage venture that seeks to guard and protect cultural belongings via donations and democracy. The venture, powered by the $TEM token, ensures the long-term sustainability of worldwide cultural websites.
Not too long ago, TemDAO has made notable donations for preservation efforts in Ukraine, Turkey, and different areas worldwide. These actions goal to assist communities protect their existence and their international heritage.
The staff underlines the significance of recognizing the importance of preserving the world’s shared cultural historical past. TemDAO goals to positively affect international tradition via its distinctive technique and options.
The Workforce’s Technique for World Heritage and Cultural Belongings Safety
TemDAO has an modern technique for shielding world heritage and cultural belongings. The venture intends to empower people and organizations to stimulate initiatives that protect these essential assets.
As a present initiative, the TemDAO staff is working with Ninna-ji temple, one of many temples in Kyoto, Japan.
There are various temples in Kyoto, however they’ve the issue of growing old and should be repaired or rebuilt. Ninna-ji Temple and TemDAO are working collectively to aim to reconstruct the temple via donations.
The venture depends on clear transactions by which all bills are recorded on-chain, making corruption inconceivable and permitting for providing particular utilities to collaborators who agree with their goals.
The proposed utility is the fitting to remain in a particular a part of the temple. That room has an essential historic significance, the place an previous emperor used to reside. Wouldn’t or not it’s historic to have the ability to keep in the identical room and expertise the identical emotions?
TemDAO is exploring the potential of connecting the world of Buddhism at Ninna-ji Temple with the truth of their DAO to realize sustainable safety and restoration of Ninna-ji Temple.
A System Fueled by Democracy and the $TEM Token
TemDAO is a platform that makes use of blockchain expertise to facilitate the safety and upkeep of worldwide heritage websites. It options two types of democratic governance: off-chain voting, often called ‘comfortable’ governance, and on-chain voting.
The $TEM token serves because the gas for this method, with a number of use instances:
- It permits holders to lock $TEM. The operation allows the neighborhood to manipulate fundraising proposals and resolve fund allocation.
- It allows the neighborhood to pay fee charges for IP-NFT buying and selling.
- Staking $TEM creates a pool for fundraising and venture evaluations.
- Depositing $TEM permits customers to turn out to be nodes that evaluate initiatives whereas deterring dishonest.
The $TEM token distribution goals to offer incentives for all stakeholders in a democratic method. Particularly, many of the tokens (62%) go to the ecosystem. This consists of members in World Heritage or cultural asset safety and funds for gear and repairs.
Moreover, 14% of the tokens assist the staff push its advertising efforts. An identical quantity (14%) goes to growing the platform and its supporting providers. The remaining 10% is within the arms of TemDAO stakeholders, such because the staff, buyers, potential workers, and strategic companions.
TemDAO’s decentralized governance mechanism preserves world historical past by balancing token utility and fund allocation.
The Mission’s Current Donations for World Heritage Preservation
The TEM venture staff has not too long ago donated to a number of organizations to assist the individuals and communities affected by international occasions. All of those donations had been made out of $TEM income.
Particularly, they’ve donated funds to assist Ukraine following the Russian invasion of 2022. The staff donated for aid efforts after an earthquake hit Turkey in February 2023. The staff has contributed to NPOs and NGOs comparable to “Save the Kids,” “Binance Charity,” and others via these donations.
The venture’s mission is to make it possible for the world’s heritage is preserved and guarded. In such a context, donations symbolize a direct means of contributing to this purpose. The venture staff is dedicated to making sure their donations are put to good use.
About TemDAO
TemDAO is a world heritage safety and improvement DAO accelerator. The venture gives a big ecosystem of assets and assist to fund, govern, and develop cultural properties worldwide.
TemDAO makes use of a decentralized, democratic governance system powered by the $TEM token. This method preserves and maintains world heritage websites via off-chain and on-chain voting processes and extra.
The staff has not too long ago partnered with the Giving Block, a preferred title on this planet of crypto charities. The Giving Block has step by step constructed a status because the go-to platform for nonprofits trying to settle for cryptocurrency donations. This partnership is a good alternative for TemDAO to reinforce its mission of defending the world’s treasured heritage websites and accelerating its fundraising efforts.
The venture’s current donations go in the identical path, offering aid and assist to communities affected by international crises. By doing so, TemDAO ensures the preservation of the world’s heritage for future generations.
TemDAO’s website and social media pages under present extra details about the platform, its options, and the way it works.
Contact
Advertising and marketing Director
Kei Sugimura
It is a press launch. Readers ought to do their very own due diligence earlier than taking any actions associated to the promoted firm or any of its associates or providers. Bitcoin.com just isn’t accountable, instantly or not directly, for any harm or loss triggered or alleged to be brought on by or in reference to using or reliance on any content material, items or providers talked about within the press launch.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
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