Introducing TheDAO Reunion, inspired by the decentralized autonomous organization of 2016. Investors who participated in The DAO transactions will receive membership NFTs, fostering a positive outlook. Members can communicate through Discord-like chats and attend offline events.
Introducing TheDAO Reunion, a project inspired by the groundbreaking and infamous decentralized autonomous organization that emerged in 2016. The DAO utilized Ethereum smart contracts to enable investment decisions through decentralized governance, paving the way for the birth of numerous Web3 projects. However, shortly after its ICO, The DAO was hacked by an infamous reentrancy attack, leading to the loss of a significant portion of its funds. This sparked a debate between those who supported a hard fork to reverse the hack and those who believed in following the smart contract, causing controversy within the blockchain community.
TheDAO Reunion aims to create a community for the investors. Accounts that invested in TheDAO transactions on the chain will be whitelisted, and their owners will be able to mint membership NFTs. Inspired by the culture in the crypto industry where words such as "degen" are used positively, this project aims to see the investment in The DAO in a positive light.
As an idea for what this community will actually do, they will first communicate with each other and participate in a decentralized Discord-like place, and they will rank the membership NFTs by the amount of investment. They also plan to hold offline events. A more compliant and safer 2023 version of TheDAO may be born. At first, only NFT holders will be able to access the community, but it is better to prioritize expanding the community by allowing other users to participate soon after. Additionally, they may be involved in some form in 2023, and they believe that there is ample potential for interesting projects to emerge from the bottom up, leveraging their intuition about their DAO. It is interesting to consider a movement in which TheDAO and its founders are involved in TheDAO reunion. On the other hand, it may become a closed, melancholic community. Whatever the case, I would like to see the memes and atmosphere that are self-generated. That is what is "Crypto-ish," isn't it?
I used Thirdweb offered by Alchemy to create the mechanism for connecting a wallet to a browser and minting SBT. The chain used was the Polygon testnet. Additionally, using Airstack, I extracted the accounts that had made transactions to TheDAO's address at that time, and verified if the data and the user's address being used were included. Accounts that passed the verification process were able to acquire a membership card NFT with the letter "D" and a number 1, 2, or 3 in the lower right corner, based on the size of their investment at the time.