Project title: Berry Knight DAO
One-liner: Defend the creator’s homeland on Berry Club(https://berryclub.io/).
Project DAO: Berry Knight DAO
Challenge area: Decentralized governance through the use of NEAR
- peter (cpu.near)
- jack (yusd.near)
Berry club has formed a Tragedy of the Commons due to the lack of governance mechanism. A large number of participants only pursue farming bananas and destroy creators’ works, which violates the purpose of Berry club to serve creators.
In order to solve the tragedy of the commons in Berry club, Berry Knight DAO is now launched to form Berry Knight(or AI )) to impose punishment on the saboteurs and make the saboteurs unprofitable.
Berry Knight DAO issues Berry Knight Token(BKT) to governance, the total amount is 100 Million.
How it works
Berry Knight DAO (BK DAO)will be created on sputnikDAO.
Every creator can submit a proposal in the BK DAO to apply for knight protection. The protection period is determined by the BK DAO vote.
BK DAO hire Berry Knight (or an AI bot ) to guard Berry club 24 hours a day, Berry Knight can get NEAR funding at the same time.
Berry Knight can get paid with bananas and BKT.
a) Holding 5 million and above BKT can become a BK DAO council member seat, and one seat can be minted one NFTs.
b) Anyone who holds 1 million BKT can become Berry Knight.
c) BK DAO can get 20% percent of sale from creators and accepts community funding. Community funding can get BKT tokens. 1NEAR=100,000 BKT.
d) all the revenue of BK DAO will Repurchase the BKT liquidity in REF.