HumanDAO (HDAO) is a decentralized autonomous organization (DAO) that aims to improve human life by promoting choices outside the local economy and connecting them to new opportunities in the decentralized digital economy or metaverse. As per the platform’s official document, help can be in the form of education, jobs, funding, or loans. It acts as a kind of job board, education center, and opportunity zone for the metaverse and the new digital gig economy.
In HumanDAO, people can learn about the crypto ecosystem and its opportunities, develop their knowledge and skills, find jobs, or lend out assets. The platform aims to leverage new crypto platforms and emerge innovative business models to create revenue streams that benefit its stakeholders and users.
An innovative business model is the ability to lend assets securely. The prime example is play-to-earn (P2E) games. HumanDAO lends non-fungible tokens (NFTs) to community members in an ISA (Income Sharing Agreement) style agreement. The NFTs allow members to participate in P2E crypto games. Users earn crypto tokens through the game to exchange for local currencies. In order to lend NFTs, humanDAO takes a percentage of the tokens earned.
HumanDAO has launched a governance token with an aim to incentivize growth and decentralize the network. The protocol is automated by smart contracts dictated by DAO consensus based on governance proposals and voting by a distributed network of token holders. Through the power of tokens, people can access the value of the entire community. Tokens represent voting rights in the DAO and utility for the entire humanDAO network.
