Overview
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OpenWhat is AdaDao
ADADAO functions as a DAO (Decentralized Autonomous Organization).AUSD is the stablecoin generated using this protocol. ADAO is the utility and governance token which allows users to decide how the protocol functions and also gives them a share of the fees raised through the protocol.
The ADADAO foundation is taking care of the initial development of the project and plan to gradually offload its duties to the governance.
ADAO and AUSD are Cardano Native Tokens and users need to have a supported Cardano wallet to be able to receive it. They will also be able to trade the token in various exchanges.
DetailsIDO (Kick Launchpad): Jan 25, 2022 - Feb 02, 2022IDO (Cardence Launchpad): Feb 17, 2022 - Feb 22, 2022 IDO (Solster Launchpad): Feb 11, 2022 - Feb 11, 2022 IDO (Adax Launchpad): Feb 12, 2022 - Feb 13, 2022 IDO (Coinswap Space Launchpad): Mar 07, 2022 - Mar 09, 2022 Token supply: 500,000,000 ADAO Hard cap: 3,720,000 USD LegalBlockchain Platform: Cardano | Token infoTicker: ADAOToken price in USD: 1 ADAO = 0.038 BUSD Token distribution: Private - 10% Public Presale - 13% Liquidity - 5% Emergency Fund - 10% Team - 10% Partnership - 5% Marketing - 5% Rewards - 30% Development - 10% Advisors - 2% |
AdaDao Roadmap
1
Q1 2022
- IDO
- CEX listings
- Cardano DEX listing
2
Q2 2022
- Design of the basic Protocol
- Stablecoin Release
- Staking
- Final Protocol Launch
3
Q3 2022
- Creation of DAO
- Finalizing voting
- Additional collateral tokens
4
Q4 2022
- More partnerships
- Strengthening of Oracle services
- Governance improvement
- More Fiat Pegged Stable Coins
- Real world asset collateralization
Project team
Obaid Ul Ahad
CEO
Murshid Alam
CTO
Irfan Khan
CMO
Rizwan Khan
Haskell Developer
Md Danish Alam
Community Manager
Brecht Malfait
Marketing Lead (Kryptonite)
Social media
