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BlockshipDAO

Insipiration:

Inspiration behind this project came from NounsDAO. NounsDAO bootstraps identities and provides a tressury which is controlled by governance.

We’ll discuss different components of BlockshipDAO in this document and also discuss the vision of this project.

Idea:

Idea behind BlockshipDAO is that to provide treasury for community good projects which includes:

  • DAO Tooling
  • ZKPs
  • Infrastructure / Blockchain
  • DeFi helper tools
  • Funding research proposals

Tressury will be build using NounsDAO model where each day a random textual NFT will be generated.

Functionalities:

NFT Buying:

Every day at 00:00 UTC a random textual NFT (BLOCKs) will be generated and people can bid on it. Whoever has the highest bid at the end of the day will receive that BLOCK.

Proposal Creation:

People can create proposals. For proposal creation people need to have 2 BLOCKs.

Voting:

People can vote on proposals. For voting 1 BLOCK = 1 VOTE

Front-end:

Front-end will have three pages.

BID PAGE:

Bid Area

It will look like NounsDAO page. The only difference will be the textual NFT.

VOTE/SUBMIT:

Governance Page the UI/UX will resemble like this.

Technical Architecture:

Random BLOCK generator:

We will need to build a class where we have a list of words in dictionary and daily a random 7 words NFT is generated like LootBox.

NFT Transfer:

Whenever the day is completed, backend server will be responsible for the minting of the NFT to the highest bidder on the Polygon Blockchain.

Bid Collector:

Backend server will be responsible for the storage of bids and addresses off-chain. No smart contract work is needed in this component.

Smart Contract:

ERC721 contract will be made. More like LootBox where the randomness can be predicted by putting the NFT id.

Open discussions:

  • Where to host backend?
  • UI/UX Design.
  • Front-end tech stack.
  • Backend tech-stack.
  • Incentivization model for people to build reputation only if the proposal is in the above category defined and for voters as well. Kind a like soul bound tokens.