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MLB Team Washington Nationals Partners With Terra Blockchain Community, Ballpark Plans to Accept UST

On February 9, the American professional baseball team based in Washington, D.C., the Washington Nationals, announced the team has partnered with Terra, the open-source blockchain platform and decentralized autonomous organization (DAO). The Washington Nationals detail that the team is a “leading innovator” and is “consistently introducing new technologies to enhance the fan experience.” Washington Nationals Ink Long-Term Deal With Terra Major League Baseball (MLB) team the Washington Nationals has partnered with the blockchain platform and DAO Terra, according to an announcement published by the team on Wednesday. The deal with Terra follows a slew of sports-related deals with crypto firms, but the MLB team will be the first to partner with an open-source blockchain project. In addition to the partnership, the algorithmic stablecoin UST that’s issued on the Terra blockchain will be “accepted as a payment method at Nationals Park as early as next season.” “The Nationals continue t...
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Create Your Own DAO Easily With xDAO – the Innovative DeFi Platform Powered by BSC

Create Your Own DAO Easily With xDAO - the Innovative DeFi Platform Powered by BSC

xDAO is an innovative DeFi platform which allows anyone to easily create Decentralized Autonomous Organizations – DAOs – for the joint management of crypto assets. The platform is powered by BSC, ensuring low transaction costs, high reliability and sufficient speed.

An Easy Way to Create Your Own Decentralized Autonomous Organization

Launched in April 2021, xDAO is the first and the only DAO-builder on the Binance Smart Chain (BSC). The protocol allows users to combine crypto assets from multiple partners and manage them in more efficient and secure way by using auto-generated smart contracts. A clear voting system also allows users to make collective decisions and be confident in their exact execution.

xDAO offers a perfect solution to anyone who wants to easily pool resources to mange crypto assets as a DAO. The need for the service is virtually endless and includes potential users such as venture capital funds, public funds and foundations, new tech startups and freelance groups. The holders of governance tokens of a DAO created on the platform will be able to jointly manage the organization’s finances; store various coins and tokens (including NFTs); determine the procedure for onboarding new members; establish rules for the minting and burning of tokens and interact directly with other DeFi protocols.

By utilizing the BSC blockchain, xDAO offers several major advantages to potential DAO creators such as avoiding affordability and performance issues. Demonstrating the community support for such a service, xDAO has won a Binance Smart Chain Hackathon in April for the development of the project.

In May, xDAO passed a security audit by Pessimistic. Now the development team is working constantly on upgrading the user experience on the platform. Next they are preparing for the announcement of the native token ($XDAO) and get started with the development of the second version on multi-chain (including Ethereum, BSC, Polygon and Solana). V2 is planned to be be ready by Q4 2021 and will also see the launch of the Open Source Web 3.0 extension (like MetaMask) to interact with all DeFi protocols.

xDAO is already fully integrated with top DeFi protocols on BSC such as 1inch:

To learn more about the platform visit app.xdao.app, follow developments and join the community on Twitter, Instagram, Medium, YouTube, Discord and Telegram.

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