The RADA DAO

The RADA DAO is a decentralized organization for governance establishment and transparent business execution of blockchain projects.

∙ The RADA Foundation – establishes the RADA DAO and sets up a DAO platform. The RADA development team, a part of the Foundation, creates smart contracts that would activate the RADA DAO. In addition, various incentives are provided to activate the RADA DAO.

∙ The RADA DAO community – RADA token holders, along with RADA ambassadors and advisors, participate in, propose, discuss, and vote on all policies to be implemented in the business conducted by the RADA governance and the RADA projects. In order to join the community, the user needs to hold one or more RADA tokens in one’s Metamask wallet and connect the wallet to the DAO platform. (N.B. Exchange wallets cannot be interlocked, and staking is prohibited in the DAO platform.)

RADA Tokens and RADA NFT Tokens are used to qualify for governance or voting power. Activities that can be executed through the RADA DAO platform are as follows.

∙ Service Layer – supports all projects conducted by RADA. On behalf of the RADA DAO, the Foundation operates services such as Dapp production, legal problem solving, project marketing and branding, and NFT creation production.

∙ Finance Layer – establishes an ecosystem for the operation of RADA projects and the interests of holders. This includes raising project funds and providing various incentives for token holders.