Detailed Explanation of ETHF DAO: Building the Strongest Ethereum PoW Community

ETHFbuilder
2022-10-10 16:50:17
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ETHF DAO is primarily initiated by PoW believers in Silicon Valley and is a decentralized DAO organization aimed at helping the continuous development of the ETHPoW mechanism, with a focus on assisting ecological development.

Author: ETHF builder

ETH, as the largest on-chain ecosystem and economy, has its greatest advantage not in the high or low Gas fees, but in decentralization. With the Ethereum merge transitioning from PoW to PoS, it has lost some degree of decentralization. This merge was primarily due to the fact that the original mechanism could no longer meet the needs of the existing ecosystem as Ethereum developed; only by changing the consensus could it continue to compete with new public chains. This undoubtedly presents a significant opportunity for some players who insist on PoW, leading to a competition for forked traffic in this era where traffic is king.

In the past, ETH holders mocked the centralization of SOL, considering its frequent outages a joke, indicating that most users lean towards a decentralized ecosystem. Recently, the world's first successful Ethereum fork project, EthereumFair (hereinafter referred to as ETHF), has publicly stated its commitment to PoW forever, fighting for fairness and defending the ideals of PoW through technology, choosing to build a complete financial ecosystem belonging to ETHPoW… They believe that only PoW can represent true decentralization. The purpose of establishing ETHF DAO is to continue the industry's original intention of decentralized development, gathering miners who adhere to the PoW mining method to jointly participate in the maintenance of ETHF ecosystem development.

ET H F DAO Background Story

ETHF is a fork led by a group of tech geeks from Silicon Valley who believe that the PoW mechanism is the fairest and most decentralized. They hope to persist in the value concept of PoW alongside Ethereum miners and have voluntarily established the ETHF DAO organization to inherit the former glory of Ethereum and build upon it. Members of ETHF DAO are staunch believers in the PoW mechanism, engaged in long-term research and exploration of PoW. Among the team are mathematics experts, chip specialists, and several industry developers with over six years of experience. Additionally, relying on a strong PoW consensus technical community ensures that native users can quickly settle in, keeping the project vibrant in the long term.

Once the testnet was launched, it attracted global user attention, especially with a very active overseas market, including countries like Silicon Valley in the USA, Russia, Turkey, Italy, and more. Local volunteers joining further aided the expansion of the ETHF ecosystem.

ET H F DAO What is it?

ETHF DAO is primarily initiated by PoW believers from Silicon Valley. It is a decentralized DAO organization aimed at helping the continuous development of the ETHPoW mechanism, guided by ecological development. It brings together numerous ETH miners, native crypto founders, Web 3.0 builders, engineers, KOLs, project parties, and other influential industry figures, promoting the accelerated growth of the entire ETHF ecosystem through resource sharing and mutual cooperation.

ETHF DAO will always defend the ideals of PoW, creating the most influential ETHF financial ecosystem in the industry, and engaging in communication and cooperation with more like-minded partners, including but not limited to communities, wallets, exchanges, ecological development teams, etc., to jointly participate in the ETHF ecosystem and continue the glory of the PoW mechanism.

Currently, there are over 60 partners participating in the ETHF DAO ecosystem, and this number is still increasing. The addition of various ecological tracks not only enriches the development of the ETHF ecosystem but also provides strong support in terms of grants and brand promotion from the ETHF DAO ecosystem.

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ET H F DAO Development Vision?

  • Reshape the financial ecosystem of ETHPoW, continue the PoW mining method, and defend the decentralized rights of Cryptoers.
  • Achieve integration of various industry resources through the DAO ecosystem, including project parties, trading platforms, KOLs, communities, etc., creating a win-win situation through ETHFDAO links and forming an ecological closed loop.
  • Help every ecosystem participant quickly gain development opportunities and industry resources through the ETHFDAO social circle, becoming a true ETHPoW Builder.
  • After ETHFDAO reaches a certain scale, it will issue DAO governance tokens. Simply holding a BAYC NFT on the ETHF chain will grant ETHF DAO identity certification, allowing holders to enjoy token airdrop rewards and ecological rights; new entrants will need to purchase tokens to participate in the ecosystem; the subsequent development of the ecosystem can be decided through voting with governance tokens, creating a completely decentralized ETHF ecosystem.

How to Join ET H F DAO?

Currently, simply holding a BAYC NFT on the ETHF chain will grant you ETHF DAO identity certification. This NFT will serve as a membership credential for ETHF DAO, allowing NFT holders to participate in voting and join in the ecological construction.

The following conditions will be prioritized for selection into ETHF DAO:

  • Firm believers in ETHPoW and founders or partners of relevant blockchain industry projects/companies;
  • KOLs/OGs with over 10,000 followers on social platforms like Twitter/Weibo and have collaborated on projects;
  • Research managers from venture capital (VC) firms;
  • Technical experts who have participated in high-quality (popular) blockchain projects and have relevant technical development cases;
  • Recognized original content creators in the market;
  • Scholars with academic contributions in token economics, blockchain security, consensus algorithms, etc.;

Ecological projects can deploy on the ETHF chain and mutually assist in brand promotion and community operations to jointly advance the development of ETHPoW.

ET H F DAO Officially Established, Recruitment of the First Batch of DAO Members Has Begun

Initial members can join the ETHF DAO ecosystem through condition screening. Early participants can enjoy services such as resource linking and value content delivery. Interested users can contact TG: @bevenwin to become early builders.

ETHF DAO itself possesses top-notch project resources, community strength, incubation capabilities, KOL alliances, etc. The new journey has just begun. Let us together uphold ETHPoW, maintain the spirit of decentralization, and realize the great cause of ETHF becoming the first ecological public chain of the PoW mechanism.

Frequently Asked Questions

Q1: Besides the above priority conditions, what other conditions do applicants need to meet?

Applicants can refer to the following conditions for their application: 1. Resources: Connections to crypto/ traditional industry resources. 2. Influence: The number of fans/influence/representative works in their field of expertise. 3. Advantages: In content/video/hosting, they can apply by adding the group owner through our community.

Q2: What rights do members of ET H F DAO have?

Information Sharing: ETHF DAO members generally have Silicon Valley venture capital genes and precise value capture methods, providing DAO members with cutting-edge industry information.

Resource Linking: Members can connect with projects and communities across different sectors and tracks through the ETHF ecosystem.

Comprehensive Influence Building for Ecological Projects: Output brand solutions, build media matrices, create diverse in-depth content/short videos, organize events, and professionally build project ecosystems to increase project/IP influence and exposure.

Providing Systematic Value Content: A professional industry research database, including research reports, industry reports, etc., sharing categorized projects, tools/material packages mentioned in discussions, and providing consulting advisors, industry researchers, market analysts, etc., for convenient research channels.

Q3: How to obtain* ET H F DAO *ecological identity certification, and what future applications does it have?

Currently, simply holding a BAYC NFT on the ETHF chain will grant you ETHF DAO ecological identity certification. Members with identity certification can participate in the governance of the ecosystem and join the ETHF DAO resource circle.

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