Hi everyone, and thank you Lara for raising this discussion.
Implementing such a framework has been discussed several times already in the Taggr community and I would like to leave a proposal for all SNS teams to tinker about. Here’s the deal:
Proposal: Establishing a Decentralized SNS DAO Hub on Taggr
TL;DR
Taggr’s decentralized, censorship-resistant platform provides a perfect environment for the SNS DAO to grow and thrive. By leveraging Realms, tokenized incentives, and decentralized governance tools, DAOs can build fully autonomous, engaging, and rewarding communities. Creating a decentralized hub on Taggr empowers the SNS DAO while offering participation in Taggr’s tokenized economy, with opportunities for funding to drive further development.
The SNS DAOs can serve as a model for how decentralized communities can successfully operate on Taggr, building a self-sustaining ecosystem that benefits all members while embodying the values of decentralization and autonomy.
Introduction
With the growth of DAOs and decentralized social platforms, there is a significant opportunity to build sustainable, community-driven ecosystems. Taggr provides an ideal environment for DAOs like the ones from SNS to establish a dynamic, decentralized hub. This proposal outlines how Taggr’s features, particularly Realms, can be leveraged to create a decentralized, interactive, and incentivized environment for SNS DAO members, encouraging participation and growth.
Why Taggr for the SNS DAO?
Taggr is designed to foster decentralized communities, with values that closely align with DAOs from SNS: autonomy, decentralization, and reward-driven participation. Building the SNS DAO hub on Taggr offers several key advantages:
- Decentralization & Censorship Resistance: Taggr ensures a fully decentralized, censorship-resistant environment. This is crucial for DAOs that prioritize autonomy and control over their community spaces.
- Revenue Sharing and Monetization: Realms on Taggr generate revenue, with 5% of that revenue shared with Realm controllers. DAOs can use this model to fund operations and incentivize member participation, making it a self-sustaining ecosystem.
- Pay-to-Post Model: Taggr’s pay-to-post model helps maintain meaningful discussions by reducing spam, ensuring interactions in DAO Realms are constructive and valuable.
- Tokenized Interaction: Taggr’s credit-based interaction model and governance structure allow DAOs to easily integrate tokenized rewards for members. Members earn credits for meaningful contributions, which can be redistributed to incentivize continued engagement and participation.
Features of the SNS DAO Hub on Taggr
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Gated Realms for DAO Members
- DAOs could create private Realms accessible only to verified members. These exclusive spaces are ideal for conducting important discussions, proposal development, and decentralized voting.
- Access can be linked to DAO membership, ensuring that only stakeholders contribute to critical decision-making processes.
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Public Realms for Community Engagement
- Alongside private spaces, DAOs can establish public Realms to engage a wider audience. These serve as forums for onboarding, education, and community interaction.
- Public Realms encourage transparency and provide potential members with a space to learn about the DAO’s mission and governance, promoting an inclusive and open environment.
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Incentivizing Discussions with Revenue Sharing
- DAOs can utilize the revenue generated from Realms to create a reward system that encourages constructive contributions. Members who provide valuable insights or actively participate in discussions can be rewarded with credits derived from Realm revenue.
- Additionally, active members participate in Taggr’s weekly reward distribution, earning ICP, TAGGR or credits rewards based on their preferred method of payment and their activity within the platform.
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Custom Governance and Moderation
- Each Realm on Taggr can have its own governance and moderation rules, allowing DAOs to tailor the experience to their specific needs.
- Decentralized moderation ensures fairness and transparency, realm controllers have full control on what happens inside their groups and, if things happen to go too far, trusted community members act as moderators (Stalwarts) to maintain the quality of discussions on the platform as a whole.
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Decentralized Voting and Proposal Integration
- Taggr allows DAOs to conduct decentralized voting through SNS and NNS proposals directly from within the platform by creating a Taggr neuron. DAOs can integrate these voting mechanisms into their governance processes, ensuring that all members have a voice.
- By leveraging polls and other voting tools within Realms, DAOs can ensure inclusive and transparent decision-making.
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Funding DAO Development via Taggr
- DAOs building on Taggr can submit funding proposals to the Taggr DAO to receive Taggr tokens. This funding can be used to enhance platform capabilities or create new tools that benefit both the SNS and Taggr communities.
Detailed Implementation Plan
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Create Realms for Different Functions
- Gated Realms: Designed for core SNS DAO members, focusing on governance, proposal voting, and essential decision-making processes.
- Public Realms: Open to the larger community for education, engagement, and potential member onboarding.
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Incorporate Tokenized Incentives
- Establish a system where active participants earn credits or rewards based on their contributions (e.g., posts, comments, reactions). DAOs can distribute these rewards from the 5% revenue share generated by the Realm, incentivizing engagement and productivity.
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Enable Voting Mechanisms
- Utilize Taggr’s voting features to facilitate transparent, decentralized voting on DAO proposals. Integrating these tools into the SNS DAO’s governance ensures that all members’ voices are heard in real-time.
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Submit Funding Proposals
- DAOs can submit funding proposals to the Taggr DAO to request support in the form of Taggr tokens. These funds can be used to expand the DAO’s activities, develop new features, or improve existing infrastructure on Taggr.
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Community Engagement and Onboarding
- Use public Realms to educate new users and provide onboarding resources, ensuring easy integration into the SNS DAO’s activities. Public Realms can help foster a broader sense of community and attract new members to the DAO.
I look forward to submitting a funding proposal for any DAO team that rises to the challenge and builds this framework on Taggr. Feel free to reach out in any moment for further discussions about this proposal: OpenChat