From witnessing to writing, HistoryDAO decentralizes the right to record history for the first time

Author: HistoryDAO

On September 15, Ethereum successfully completed its merge, with the last block of its PoW being minted into an NFT called the Vanity Block, which contained only one transaction for minting the Vanity Block NFT, costing 30 ETH. In the final block, Vanity Blocks referenced a famous quote by American ethnobotanist Terence McKenna: "As long as you dare to make a commitment, the world will help you remove the insurmountable obstacles. Go fulfill your unfinished dreams, and the universe will never suppress your progress. This is the essence."

The Vanity Block recorded the most significant upgrade in Ethereum's life cycle through the block. This merge event has also become an important memory in the crypto world.

Memories are one of the most important things for humanity.

In ancient times, humans recorded memories through murals and knots. After forming small tribes and clans, past stories were passed down orally. Later, writing became the carrier of memories and history. Histories and stories were recorded by historians.

In the information age, the internet became the carrier of historical records. Today, using immutable blocks to record memories has become the most popular thing in the crypto world.

This is the convenience brought by the information age and blockchain technology, but they also add a new curse to historical records.

What is the curse of historical records?

Centralized historical records: Throughout history, the power to record history has been held by centralized entities, which is unchallengeable. Most unofficial histories and folk records also come from ancient nobility. Even in the information age, this situation has not changed; powerful centralized entities still hold the power to record history. In the crypto world, the power to record using blocks is also held by miners.

Information overload: The massive data brought by the information age has made it difficult to record true history, especially for ordinary people who have no voice; they find it hard to document their own history. Perhaps in the future, just as we know nothing about our ancestors' pasts, the only thing that can be preserved for future generations may be just a photograph.

The decentralized historical record solution HistoryDAO aims to address the above two curses through Web3 & blockchain technology.

Carrying History with Blocks

During his exile, Herodotus wrote "Histories" from his perspective, documenting what he heard and saw during his travels, as well as the history of the Persian Achaemenid Empire. This is the first complete historical record that has been passed down in Western history. Roman orator Cicero referred to him as "the father of history."

However, objective records are often influenced by the subjectivity of the recorder, ultimately causing historical records to lose their fairness.

This has often occurred throughout human history. As the saying goes: History is written by the victors, but only those who experienced the events know the truth. The ancient Greek historian Thucydides, who maintained a rigorous attitude towards the collection of historical materials and causal analysis, also pointed out: Do not write down a story just because you happen to hear it, nor rely solely on my general impressions as evidence—what I describe is either something I personally witnessed or something I heard from those who did, after I have carefully examined it.

How can we allow the firsthand witnesses of the truth to record immutable history with low barriers? This question has long troubled those who pursue true history.

Fortunately, today blockchain technology makes this possible.

Just as Bitcoin decentralized the power of minting, HistoryDAO decentralizes the power of historical recording.

Thanks to blockchain technology, HistoryDAO allows users to issue, query, and trade NFTs on Ethereum and BNB Chain:

• HistoryDAO supports various data formats for historical records, allowing users to record information in multiple dimensions;
• HistoryDAO has a secondary market that allows users to effectively discover, evaluate, trade, and manage NFTs;
• HistoryDAO is fully owned and managed by the community, and the development of the DAO is entirely driven by community agendas;

In short, HistoryDAO is an NFT platform driven by a DAO, that is, by a decentralized community organization.

While providing individuals with the service of recording history, HistoryDAO also has the DAO organize the recording of historically agreed-upon events—the community is responsible for documenting historical figures, historical processes, historical albums, and significant historical events on a weekly, monthly, and yearly basis.

How Does HistoryDAO Structure Its Products and Commercialization?

Next, we will explore the functions and services of HistoryDAO from three aspects.

Minting Historical NFTs and Secondary Trading Market

As mentioned above, HistoryDAO supports users in recording diverse historical information, which will be preserved in the form of NFTs in users' blockchain wallets, publicly transparent, and cannot be forcibly altered or transferred by others.

More imaginatively, the data recorded by users can be any information, including the minutiae of life, beautiful memories with friends and loved ones, exciting moments in games, and so on. Perhaps in the future, humans will be able to recreate the lives of our contemporaries through the study of HistoryDAO's historical NFTs, just as we study the Qingming Shanghe Tu to understand the lives of ancient people.

When minting NFTs, users need to pay a service fee of 0.01 ETH and gas fees. The corresponding service fee will be directly transferred to the market liquidity reserve controlled by the DAO, which is the DAO treasury.

At the same time, history and memories are collectively owned by all humanity. Therefore, the historical NFTs minted by users can also circulate and trade in the secondary market. The HistoryDAO market will charge a 2% commission, which will also be transferred to the DAO treasury.

The HistoryDAO market will also rank various historical NFTs, with rankings considering multiple dimensions such as listing time, views, and number of likes. To ensure that the exposure of each historical NFT is as fair as possible, every new algorithm change must be proposed in the DAO and gain community support.

INO

To make historical recording more efficient, HistoryDAO introduces the concept of "Initial NFT Offering," or INO. Any user can provide a theme for an NFT collection, and this can be co-created with other community members.

To make it easier to understand, we can use some sports events as examples.

Taking the NBA as an example, during a season, we can create NFTs for each game, and as the season progresses, we can record the details of each game through images, video clips, and player data. Naturally, an NFT from an exciting game will be more collectible than one from an ordinary game, and a finals NFT will be more valuable than one from a regular round. Alternatively, we could also use our imagination to mint NFTs for the highlights of 1,000 games at the end of the season. For brands, INO activities are a cost-effective way to leverage the influence of previous events.

Of course, this is just one example. The INO activities launched by HistoryDAO have strong scalability and are not limited to sports events.

As long as the brand marketing team has innovative marketing ideas, they can use HistoryDAO to record any activity and event for marketing—undoubtedly, this is more attractive than purely spending money on marketing. After the INO event, brands can also empower the NFTs minted around this event.

DAO and Token

Unlike other NFT platforms, HistoryDAO places greater emphasis on community interaction and community power. Essentially, HistoryDAO is a tool platform for recording history, not an NFT trading market. Therefore, HistoryDAO's product design focuses more on the algorithm design for community activity, aiming to build a powerful community product like Reddit.

The goal of enhancing community power is to avoid regulatory pressures on community historical records and freedom of speech; decentralized communities can resist the censorship of powerful interest groups on historical records and will enhance people's enthusiasm for decentralized historical records, which will also increase the value of HistoryDAO's historical NFTs.

The governance of HistoryDAO will be completed by its native token $HAO. Holding $HAO is the entry threshold for the DAO. Once in the DAO, community members can engage in governance activities such as submitting proposals, commenting, and voting.

In addition to governance, $HAO will also be applied in various aspects of HistoryDAO products; for example, when trading NFTs in the market, if paid with $HAO, the market will only charge a 1.5% commission.

From Witnessing to Writing: How Does HistoryDAO Empower Web3?

Undoubtedly, history holds special significance for humanity as a whole and for each individual. As Tang Taizong Li Shimin said, "Using bronze as a mirror can correct clothing and hats; using people as a mirror can understand gains and losses; using history as a mirror can understand rise and fall."

History is the foundation upon which we step forward.

However, relevant interest groups often modify historical records, whether to cover up scandals or achieve certain goals. Additionally, historical records are often guided by subjective emotions, losing their original fairness.

Today, HistoryDAO is reversing the flaws in historical records through blockchain and NFT technology. Just as Bitcoin decentralized the power of minting, HistoryDAO has dispersed the power of historical recording.

Decentralized and immutable historical records will record history from multiple perspectives, pursuing fairness and truth in historical records.

This embodies the spirit advocated by Web3—Web3 advocates personal sovereignty and individual value; history is no longer written by victors, and all humanity participates equally.

As NFTs closely connected to real-world topics are minted, they will also enhance the visibility of Web3 in the outside world, attracting more people to actively learn about the Web3 world. Empowering NFT adoption through true historical records will also promote the further development of the Web3 world, making it more mature.

In addition, the INO activities led by HistoryDAO can provide strong marketing support for various brands.

Web2 brands marketing through Web3 methods has become a trend.

Tiffany's launch of custom NFTs for CryptoPunks and Starbucks' launch of the Starbucks Odyssey program are good examples.

In fact, as the influence of the Web3 world continues to grow, more Web2 brands will consider how to conduct marketing activities and community growth through Web3. For unfamiliar Web2 brands, a simple and intuitive Web3 marketing solution is a necessity.

The INO activities launched by HistoryDAO happen to meet this demand. It can be considered that this type of demand will become one of the main driving forces for HistoryDAO's future growth.

Once Stones, Then Words, Now Blocks

Finally, let us return to the original intention of HistoryDAO—allowing everyone to record history with low barriers. Setting aside our product-based thinking, the essence of HistoryDAO is to allow the decentralization of the power to record history.

This is undoubtedly groundbreaking and a deconstruction of the spirit of Web3—Web3 is not just about decentralized finance; it encompasses more layers of thought and application. With the power of decentralized historical recording granted by blockchain technology, everyone in this world will have the opportunity to say, like Caesar: "I came, I saw, I recorded!"