Development Path
Phase 1: Deploy governance token PCT for decentralized governance of PineconeDAO In the first phase, we will deploy PCT (Pinecone Token) as the governance token for PineconeDAO, realizing the platform's decentralized governance. PCT tokens will grant community members voting rights, allowing them to participate in platform decisions, ensuring a fair, transparent, and open management process. Features of PCT token:
Decentralized governance: Users holding PCT tokens can participate in PineconeDAO's governance, including proposals, discussions, and voting. This ensures that the direction of platform development and major decisions are collectively determined by community members.
Dividend rights: PCT token holders will enjoy the right to share platform profits. The platform will distribute a portion of its profits to PCT token holders, allowing them to share in PineconeDAO's growth.
Invitation rewards: PCT tokens will support invitation rewards, totaling 18% of the rewards. Users who invite new members to join the platform will receive corresponding rewards, incentivizing community members to actively promote and expand the community.
Staking for director dividends: Users can stake their PCT tokens on the platform to enjoy director dividends. This will provide users with a stable source of income and encourage them to hold PCT tokens for the long term.
Phase 2: Launch Lucky Treasure Chest, 1 million grand prizes to reward DAO members The Lucky Treasure Chest is an exciting Play&Earn event of PineconeDAO that combines blockchain technology with traditional lottery activities, offering participants the chance to win up to 150,000 USDT rewards. The event uses Mystery Key NFTs as participation vouchers, allowing users to not only enjoy investment returns but also experience this thrilling lottery event, appreciating the transparency and fairness brought by blockchain technology.
The Lucky Treasure Chest is full of surprises, and users who own a Mystery NFT can participate in the event an unlimited number of times, gaining chances to win huge rewards. This not only allows users to experience the endless possibilities of blockchain technology but also the opportunity to become the next lucky winner, creating unforgettable memories.
Phase 3: Launch a compliant virtual currency ETF in Hong Kong PineconeDAO is actively involved in the virtual currency ETF field, launching a new BTC and other virtual currency ETFs in the Hong Kong region, providing exciting investment opportunities for investors. With PineconeDAO, owning BTC becomes simpler, enjoying a more authentic and secure investment experience.
PineconeDAO is committed to promoting legal and compliant virtual currency ETFs, ensuring investors' rights are protected under the support of Hong Kong's laws. At the same time, virtual currency assets will be stored in secure cold wallets, providing solid security for asset safety.
Phase 4: Continuously strengthen DAO development, making decentralized governance community more mature We will continue to work towards achieving the decentralization of the DAO community, ensuring that every decision is made through voting. This will enable community members to jointly drive the platform's development, rather than being led by a particular group. In this phase, we will continuously improve the governance structure
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