The everCrypt protocol creates a non-profit DAO system that does not entirely rely on donations for its sustainability. It uses the existing investment opportunities to create a safe treasury with funds to be distributed into vetted wallets
Our system is looking at creating a DAO system cross-chain on Cardano and Milkomeda to ensure swift transaction, optimal security, and effortless verification of credentials. The profit will be distributed into a vetted wallet using the ProofSpace
Our system is looking at creating a DAO system cross-chain on Cardano and Milkomeda to ensure swift transaction, optimal security, and effortless verification of credentials. The profit will be distributed into a vetted wallet using the ProofSpace.
Using the ProofSpace, we can create a system with the idea of Universal Basic Income (at its basis) to create a world where every person can afford basic necessities and spend on the regular expenses of life.
Through an ever-growing treasury that is directly invested, we seek to create a system with enhanced management and an income pool that can be distributed. Whether we realize it or not, our world needs (and deserves) help.
The identity aspect of everCrypt DAO lives on the ProofSpace on Cardano.
The Universal Basic Income aspect of everCrypt DAO lives on Milkomeda.
The everCrypt DAO mobile app and dApp serve as the interface that connects users to our ecosystem.
By providing the utility of a CPI-pegged token and investing its treasury, we can create a system that recognizes the lower standard of living in developing countries and provides a truly lasting solution to this problem through a one-time donation that is expertly trans- formed into a source of income for life.
By providing the utility of a CPI-pegged token and investing its treasury, we can create a system that recognizes the lower standard of living in developing countries and provides a truly lasting solution to this problem through a one-time donation that is expertly trans- formed into a source of income for life.
The everCrypt DAO system has the potential to help eradicate world poverty.
The stability of everCrypt DAO relies on the proper incentivization of arbitrageurs. This model aims to help us achieve two things within the everCrypt system – guarantee the consistency and sustainability of the system and secure the investments and donations necessary to propel its growth on the way to eradicating world poverty
