What is H2O DAO? Things to know about H2O DAO and token H2O

• Overview of H2O DAO
• What is H2O DAO?
• Outstanding features of H2O DAO
• The main products and benefits of H2O DAO bring to users
• The development team, the investor of the H2O DAO project
• Development roadmap of H2O DAO
• Overview of H2O . tokens
• What is H2O Token?
• Functions of the H2O . token
• H2O . Token Allocation
• Where can H2O tokens be bought and sold?
• The future of H2O DAO and should I invest in H2O tokens?
• summary

Overview of H2O DAO

What is H2O DAO?

H2O DAO is the world's first decentralized data traffic distribution platform that adopts the DAO model. The project specializes in providing the latest information on blockchain, as well as industry interests.

This platform not only helps community members capture information around blockchain, Crypto market, but also promotes the development of blockchain ecosystem through Launchpad. Besides, the project also creates an opportunity to experience blockchain products early based on the needs and concerns of the community.

Outstanding features of H2O DAO

H2O DAO is a project created to serve the community, including investors, developers, fans and DeFi users. Therefore, the outstanding feature of H2O DAO will revolve around the benefits that the community receives from this project.

The initial core members of the H2O DAO community will be acquainted with many new blockchain projects. In addition, the developer team has the opportunity to access advanced technologies, even support the exchange of resources. Accordingly, seasoned developers will build and promote the blockchain ecosystem of the H2O DAO community to grow strongly.

Besides, the community of H2O DAO is managed in a decentralized manner. This means that the rights and obligations of the members, as well as the future development direction of the community, will be jointly decided by the members of the community.

In addition, H2O DAO also creates opportunities for the community, early access and early testing of new blockchain products selected according to the needs of community members. At the same time, it facilitates users to receive new project token rewards, provides the opportunity to participate in the Whitelist of IDO projects, and other token purchase participation mechanisms, such as Launchpad. 

Notably, Launchpad projects are most likely to be developed by the seasoned team of programmers from the H2O DAO community. Products developed by the community are diverse, including Game Guild, public beta products, etc. 

The main products and benefits of H2O DAO bring to users

Information

The blockchain industry is growing rapidly on a global scale. Accordingly, every day news related to blockchain, as well as the Crypto market are constantly updated and scattered in many newspapers, making it difficult for users to quickly grasp the latest information and trends. That is the main reason why H2O DAO was born, it will provide all community members with the latest and hottest information about the industry. 

Welfare

In addition to providing the latest news about blockchain and Crypto market, H2O DAO will discover new projects with potential for development and provide information about that project to community members. Besides, H2O DAO will connect with the blockchain project to provide community members with many other benefits such as receiving free tokens and participating in the project's Whitelist. 

Data flow and fundraising

The community of H2O DAO has many investors, users and project developer groups. H2O DAO will support emerging blockchain projects that can reach a wide audience, helping them achieve the data flow they want. In addition, excellent projects can also access the fundraising channels available in the H2O DAO community.

The development team, the investor of the H2O DAO project

Development team

Initially, the right to run the H2O DAO project will belong to the core members of the community. They have been executives in many famous blockchain projects and have many years of experience in blockchain project operation and management. However, the identities of those members have not yet been made public by the H2O DAO.

Later, when the community of H2O DAO grows, the right to operate will belong to all members who hold H2O tokens in the community of the project. Any decision regarding the H2O DAO will be voted on by way of a ballot. 

Investors

Currently, information about the project's investors has not been disclosed. TraderH4 team will update as soon as there is information from the H2O DAO project.

Partner

According to the H2O DAO project announced on Twitter, the current partners of the project are Kepler, Crypto Bharat, Global Crypto Paradise.

Development roadmap of H2O DAO

• June 2022: Launching the Airdrop function for the community and registering the Whitelist of blockchain projects
• December 2022: Launching the function of providing information to the community
• March 2023: Launching governance through voting
• June 2023: Launching the H2O DAO community's own NFT Vault
• September 2023: Released NFT for the H2O DAO community

Overview of H2O . tokens

What is H2O Token?

H2O is the governance token of H2O DAO, with some basic information as follows:

• Ticker: H2O
• Blockchain Network: Binance Smart Chain (BEP-20)
• Total Supply: 1,000,000,000 H2O
• Circulating Supply: 2,500,000 H2O (Statistical data is based on information on opening token sale on Huobi Primelist of H2O DAO)

Functions of the H2O . token

• Holders of H2O tokens can vote on governance proposals put forward by the community. The level of authority of investors in the community will depend on the number of H2O tokens they hold.
• H2O token holders can receive Airdrops from projects that cooperate with H2O DAO.
• H2O owners can join the community's information channels. In these channels, community members will share useful knowledge about blockchain, Crypto market so that community members can learn.
• H2O owners will be given priority, buy or receive NFT of projects in cooperation with H2O DAO.

H2O . Token Allocation

• Community operations: 20%
• Core development: 10%
• Early contributors: 10%
• Ecological construction: 20%
• Community treasury: 40%

Where can H2O tokens be bought and sold?

Currently, H2O DAO is holding an opening event for selling H2O tokens on Huobi Primelist. Investors can refer to how to participate in this event of H2O DAO in the article " Details on how to buy H2O on Huobi Primelist " by TraderH4.

The future of H2O DAO and should I invest in H2O tokens?

In terms of ideas, the H2O DAO project has creativity when combining many utilities into a single platform. The project not only provides news around blockchain and Crypto market, supports new blockchain projects to raise funds for development, but also provides a Launchpad platform and many other utilities.

We also cannot deny that the project really brings a lot of benefits to members of the H2O DAO community. The community can not only access and experience new blockchain projects, but also receive attractive incentives, such as Airdrop, or become the first to own exclusive partner NFTs.

Based on the above analysis, we can clearly see that this project develops under the DAO model ( Decentralized Autonomous Organization ). Although, the DAO trend received a lot of attention from investors in late 2021, early 2022. However, at the present time, this trend has almost cooled down, partly due to the market. Cryptocurrencies in the early period of 2022 have a strong correction. 

On the other hand, the H2O DAO project is managed in a decentralized manner. However, based on the functionality of the native token H2O. It is easy to see that the control and management of the H2O DAO project is still centralized, when the level of authority depends on the number of H2O tokens that investors hold. This is completely against the nature of decentralization. 

In addition, the information about the project is still very sketchy and has not been adjusted. In particular, the project has not disclosed information related to investors and this is a huge minus point. If investors are interested in the H2O DAO project, they can follow some official information channels such as:

Website | Twitter | Telegram | Discord 

summary

Thus, the TraderH4 team has just brought you interesting information about the H2O DAO project and the H2O token. In general, the ideas that H2O DAO presented in the Whitepaper are quite good, but they are just "on paper" ideas. The above article also only helps readers get an overview of the project. 

If readers want to evaluate the potential of this project, they need to wait for the product and features of H2O DAO to complete and experience it for themselves to have a closer look at the project. From there, you can make investment decisions for yourself.

• What you need to know as you wait for the next bull cycle
• 10 things you should know when participating in the cryptocurrency market