EventDAOs

Timestamp verification DAOs System

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Inspiration

DAOs right now is not that decentralized as the major power is with the person who holds the maximum tokens and they are influencing the system with there money power so it track the active and passionate members where money will be not everything instead with money, time will be also involved I wanted to have a timestamp verification into the system of DAOs

What it does

It helps you to find every active community member according to there timelock stacking and after verification helps the active member get rewarded with additional voting power and other powers in the community. With the help of this DAOs you basically try to manage the Events and it's community.

How we built it

I build it using NFTs openzeppelin protocol ERC721(community NFTs), ERC2981 and ERC1155 (These were for event Tickets) and also added the timelocking mechanism in the NFTs contract so that we can map the timing of the NFTs when they are stack and after it get mature we will upgrade the NFTs levels.

Challenges we ran into

DAOs are tricky systems and to build DAOs I need to wrap up my mind on it very much and I am a web3 developer was aware of very little bit of Web2 stack like react and database so need to learn web2 stack first to build the frontend of the project,

Accomplishments that we're proud of

I am proud to finally have a timelocking verification DAOs where the community is protected by the WHALES(People with Money power) of the system, A true Community DAOs.

What we learned

I learned about web3 working, also about NFTs in way details and about the necessity of DAOs

What's next for ALRA

ALRA is right now in it's base level, I am planning to have first rapid growth in NFTs and than after a peek point it should grow slowly and also planning to have sub-DAOs for each event so that each events decision will also be dependent on the community.

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