DMD Diamond to Test DAO Proposal for the First Time in DMDv4


News provided by DMD Diamond on Wednesday 19th Feb 2025



DMD Diamond, the world's first blockchain with the Honey Badger BFT cooperative consensus algorithm and full support of EVM, announces the launch of the DAO proposal as part of the new DMDv4 blockchain's open beta.

This step aims to engage the community and developers in testing the functionality of decentralized autonomous organizations (DAOs) and strengthen user participation in the further evolution of our platform.

The DMDv4 version introduced several innovative features that allow users to vote for changes and improvements to the project and directly influence its development. The DAO proposal will be a key element of this new version, allowing the community to propose ideas that can be implemented in the future.

"We understand that the ability of the community to influence decision-making is the basis of decentralization," said Helmut Siedl, blockchain visionary at DMD Diamond. "With the DAO proposal, we want to create a transparent and inclusive process in which every vote counts. This will significantly strengthen the connection between the project and its community."

During the Open Beta, users will have access to the DMDv4 platform and will be able to create their own proposals. They will also be able to participate in voting to select the most popular ideas for implementation. This will not only improve user interaction but also help us create a more relevant and innovative product.

We invite all interested developers and users to test the new DAO proposal feature. The feedback and suggestions will help create a platform that meets the expectations of the decentralized community.

Learn more about DAO proposal: Github

Join Open Beta: Discord

Press release distributed by Pressat on behalf of DMD Diamond, on Wednesday 19 February, 2025. For more information subscribe and follow https://pressat.co.uk/


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