HistoryDAO’s Mission to Take History From the Victors and Give It to the Masses – Sponsored Bitcoin News


People have sought to preserve memories since prehistoric times, etching images into cave walls and tying knots into crudely shaped rope. Tribes and clans gave birth to a language that could preserve the past in words, and words found their way into printed forms, thus conceiving history.

In the information age, the Internet has become the carrier of historical records, which have reached an almost geological level of permanence through the power of immutable “blocks” recorded on blockchains.

Blockchain was a timely development – ​​a solution, in fact, to certain curses of history.

What are the curses of history?

Centralized historical records: From ancient times until now, the power to record history has been in the hands of centralized entities. Unofficial history and folk records may be available but are obscured by media aristocracy. However, despite the “information age”, this situation remains intact and probably worse, as powerful centralized media accumulate more power than ever before. Meanwhile, the crypto world has produced a means of recording that any central authority cannot access.

The volume and complexity of information is overwhelming: Under the mass of data defining the information age, it is almost impossible to either judge or assert what is true. Ordinary people, whose voices are minimized, lack the means to assert their history. Perhaps in the future, as little will survive, what can be believed about us, as survived centuries ago.

HistoryDAO aims to solve the above through Web3 & blockchain technology.

Using blocks to carry history

During his exile, Herodotus wrote the book Ἱστορίαι (History) from his perspective, recording what he heard and saw during his travels throughout the Persian Empire in the 5th century BC This is the first completely transmitted historical record in Western history . The Roman orator Cicero called him “the father of history”.

As objective as Herodotus may have intended, everything he recorded was necessarily subjective from his point of view. Historical records typically lack a certain fairness in this regard.

Famously, “history is written by the victors”, but the truth is known by those who experience it. Even the ancient Greek historian Thucydides tried to overcome the issue with a commitment to rigorous data collection and causal analysis. He consciously avoided relying on third-hand impressions, noting, “The events described are either what I saw, or what I carefully examined after hearing from those who saw them personally.”

Herodotus and Thucydides were great historians, but how could middle witnesses be more involved?

Blockchain may have an answer.

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

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

● HistoryDAO supports various data formats in the form of historical records, allowing users to record multidimensional information;

● HistoryDAO has a secondary market for NFTs that allows users to efficiently discover, value, trade, manage and ultimately appreciate moments or histories;

● HistoryDAO is completely owned and managed by the community, and the community agenda completely drives the development of the DAO;

In summary, HistoryDAO is an NFT platform powered by DAOs, i.e. decentralized community organizations.

While HistoryDAO provides the service of recording history for individuals, it also has a history that has been agreed upon by the DAO organization – the community is responsible for recording weekly, monthly, and yearly historical figures, historical processes, historical albums, and significant historical events. . .

How does HistoryDAO organize products and trade them?

Let’s explore HistoryDAO’s features and services in depth from three aspects.

Minting History NFTs and Secondary Markets

As mentioned above, HistoryDAO allows users to record various historical information that will be stored in the user’s blockchain wallet in the form of NFTs, which are open, transparent and 100% unbreakable.

Again, the data recorded by the user can be anything. Any bits of life will come in handy, good memories with friends and loved ones, and great gaming moments. When people of the future reproduce the lives of our contemporaries with NFTs recorded by HistoryDAO, they will be much more sure of dates and intact preservation than we were of the ancients studying the map of the Qingming Festival.

When mining NFTs, HistoryDAO users pay 0.01 ETH between service charge and gas charge. The service fee is directly transferred to the market liquidity reserve controlled by the DAO, which is the DAO treasury.

The historical NFT minted by users can then be circulated and traded in the secondary market, paying the HistoryDAO market a 2% commission on the trade, which is also transferred to the DAO treasury.

The HistoryDAO market will also sort various historical NFTs, and the sorting will refer to multiple properties, such as the list time, page views and favorites of the corresponding NFTs. In addition, any new algorithm change must be proposed in the DAO and supported by the community to ensure that the discovery of each historical NFT is as fair as possible.

Initial NFT Offering (INO)

To make historical recording more efficient, HistoryDAO introduces the concept of “Initial NFT Offerings”, or INOs. Any user can contribute a topic to a collection of NFTs, which is done by building the collection of NFTs together with other community members.

Let’s take sporting events as an example.

In a basketball season, or any sport, users can create NFTs for each game, and as the season progresses, record the details of each game with information such as images, video clips, and player data. Of course, the NFT of a beautiful game is more collectible than the NFT of ordinary games, and the NFT of the final is more collectible than earlier finals. Users can always pick the best moments from any number of games to monetize NFTs after the season. For brands, the INO campaign is a reuse of the influence of previous events, which is very cost-effective.

Of course, this is just an example from the vast world of sports. But an INO campaign launched on HistoryDAO can fall under any category imaginable.

Brands with innovative marketing ideas can use HistoryDAO as well, remembering their campaigns with NFTs and giving them a longer life through business and audience engagement.

DAOs and Tokens

Unlike other NFT platforms, HistoryDAO focuses more on community interaction and community power. HistoryDAO is a platform for recording history, not an NFT trading market. Therefore, HistoryDAO pays more attention to the algorithm for community activity in product design, hoping to build a strong community product like Reddit.

Community power, in part, means preventing the centralization of historical records and freedom of expression. Decentralized communities can resist the censorship of historical records by powerful interest groups. They will increase people’s enthusiasm for decentralized historical records, enhancing the value of HistoryDAO NFTs.

The governance of HistoryDAO will be facilitated by its native token $HAO. Holding $HAO is the entry qualification for DAO participation. After joining the DAO, community members can perform management activities such as submitting proposals, commenting and voting.

In addition to governance, $HAO will be applied to all aspects of HistoryDAO products. For example, when the market does NFT transactions, if $HAO is used to pay, the market will only charge a 1.5% commission rather than the standard 2%.

From Witnessing to Writing: How HistoryDAO Empowers the Web3

There is no doubt that history has a special meaning for humanity and every person. As Tang Taizong Li Shimin said, “Take copper as a mirror, and you can correct your clothes. Take people as a mirror; you can know the gains and losses. Take history as a mirror, and you can know the rise and fall.”

History is the foundation on which we move forward.

But these interest groups often revise historical records, hiding scandals and bending the record for private purposes. In any case, historical records are often guided by subjective emotions and lose their original justice.

Today, HistoryDAO reverses the shortcomings of historical records through blockchain and NFT technology. But, just as Bitcoin decentralizes minting power, HistoryDAO decentralizes the power of history.

Decentralized and resilient historical records will record history from multiple perspectives and seek the fairness and authenticity of historical records.

This is the embodiment of the spirit advocated by Web3 – Web3 advocates individual sovereignty and individual value in a diverse community context, in which case we believe that the victors may no longer write history, and all people can participate equally.

NFTs connected with topics in the real world will strengthen the relevance of Web3 to the real world, attracting more people to understand the Web3 world actively. Enabling NFT adoption with accurate historical records will also drive the further development and maturity of the Web3 world.

In addition, the INO campaign led by HistoryDAO can also provide strong marketing support for various brands. It has become a trend for Web2 brands to be marketed through Web3 means. Tiffany’s launch of CryptoPunks custom NFTs and Starbucks’ Starbucks Odyssey program are good examples.

As the Web3 world grows in influence, more Web2 brands will think about how to use Web3 for their marketing campaigns and community growth. For unknown Web2 brands, a simple and intuitive Web3 marketing plan is all that is needed.

And the INO campaign launched by HistoryDAO meets this need. This type of demand is likely to be one of the main drivers of HistoryDAO’s future growth.

Once in stone, next in text, now in block

The founding mission of HistoryDAO was to allow everyone to record history without the intervention of any centralized power. The essence of HistoryDAO is to allow the decentralization of the power of historical records.

This is undoubtedly innovative, and it is also a demolition of the spirit of Web3 – Web3 is much more than decentralized finance, because it includes several levels of thinking, application and integration into human culture. With the power of decentralized historical records endowed with blockchain technology, everyone in this world will have the opportunity to say, like Caesar: I came, I saw, I recorded!

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