Multitude
  • Abstract
  • Introduction - Market Inefficiencies
  • Early Attempts - The Problems
  • Multitude - Our Solution
  • PRODUCT OVERVIEW
    • Synthetic Equities
    • Tradable Assets
    • Margin Trading
      • *Margin Trading
      • Margin Requirements
      • Liquidation Mechanisms & Margin Call Notifications
      • Lending
    • Dividend Distribution & Proxy Voting
    • Derivatives
    • Community-Guided Governance
    • Tax Reporting & Auto Loss Harvesting
  • PLATFORM ROADMAP
    • Development Milestones
    • Multitude DAO Foundation
    • Community Airdrop
    • Tokenomics
  • RISK & SAFETY
    • Full KYC & AML Compliance
    • Maximising Self-Custody
    • Smart Contract Audits & Proof of Reserves
    • Price Oracle Back-Stops
  • FAQs
    • Why 'Multitude'?
    • *Playing Devil's Advocate
    • Gaining Traction
    • *Know Your Entrepreneurs
    • Say Hello
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  1. PLATFORM ROADMAP

Multitude DAO Foundation

Decentralized Autonomous Organizations, or DAOs, are revolutionary structures that have emerged in the blockchain space. They are essentially digital organizations governed by smart contracts, enabling decentralized decision-making and removing the need for traditional centralized management. DAOs empower their members to have direct control over the organization's direction and resources, ensuring that the community's best interests are always put first.

The Multitude DAO Foundation plays a crucial role alongside the team in shaping the platform, as it embodies the spirit of decentralization that blockchain technology is built upon. By involving the community in the decision-making process, we hope to foster a more transparent, democratic, and efficient ecosystem which by extension should also – in providing our consumers what they want – pave the way to a commercially successful platform. The collective wisdom of the community can provide valuable insights and guidance to the platform's evolution and growth, ensuring that Multitude remains adaptive and responsive to the needs of its users, and that everyone can share in greater successes.

There are several ways in which the Foundation can contribute to the platform, including governance proposals and funding community-approved projects. Members can submit proposals on various aspects of the platform, such as new features or policy changes. The community then has the opportunity to vote on these proposals, ensuring that decisions are made with input from the user base. Additionally, the DAO can support projects that contribute to the growth of the Multitude ecosystem. By nurturing projects that align with the community's vision, we can foster innovation and create a thriving environment for our users.

Multitude believes that empowering the community through decentralized governance is the key to creating a platform that is truly aligned with its users' best interests. By forming a DAO-based foundation, they hope to gain valuable guidance and support, and complement and advise the core team. This partnership between the Foundation and core team ensures that Multitude continues to benefit from the diverse perspectives and expertise of its community while maintaining a strong and unified vision.

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Last updated 2 years ago