DFOhub buidl

[Anonymous No.20857226]

Let me try and explain it as simply as possible. Say you write a contract that lets anyone send money to someones wallet, say, a charity. this is what it looks like

charityAddress = 0x123;

function () payable {
sendMoneyTo(charityAddress)
}

All money sent to the contract is rerouted to the charityAddress. Problem is, that charities wallet has changed in the past, and you assume in the future it might change again. If it does change, any money sent to the contract is useless, and you will need to publish a new one. So you write another bit of code instead

function changeAddress(address new) {
charityAddress = new;
}

Great, now we can change the address. Only problem is, it is on the blockchain, which means anyone can change the address, and set it to whatever they want. We don't want people to take advantage of that and scam charity money, so instead we write our own address into the contract as an owner, and put something like this in the changeAddress function

require(msg.sender == ownerAddress);

But this just means you have a single ownerAddress who can change the address whenever they want! that's not decentralized at all! So do you have a frail, easily broken contract with no central owner? Or a centralized contract where you have to trust the single owner?

DFOs let you have the best of both worlds. You can now give voting functionality to an ownership token that allows users to vote for changes. Rather than trusting the owner of the contract, a proposal to change the charityAddress is raised, and the people vote, and the address is changed. But this doesn't even start to cover it. With DFOhub and robe you can build totally decentralized, censorship proof site than can load on any web3 browser, front end on-chain and everything.

[Anonymous No.20857288]

>>20857226
How often will votes be happening? Does everyone get to vote on something like that or is it just some holders?

[Anonymous No.20857327]

>>20857288
anyone can make a proposal and anyone can vote on a proposal, you can actually see how it works, go to dapp.dfohub.com and click on DFOhub, there is a section to input the proposal and submit it

[Anonymous No.20857350]

>>20857288
>>20857327
I mean, you can click on any of the DFOs lol, but I think it's really cool to be able to submit real proposed code changes for the platform you are using. DFOhub is itself a DFO. really cool stuff

[Anonymous No.20857369]

>>20857327
Looks dope. I'm not really a technical fella but if the nerds like it, I'm on board.

[Anonymous No.20857412]

>>20857369
incredible autism power fueling this train anon

[Anonymous No.20857413]

Just riddle me this...

Is it a russian mob italian mafia chinese syndicate money laundering scam who kidnaps murders and extorts the devs, or not?

[Anonymous No.20857464]

>>20857413
if I told you that information, they would have to kill you. probably me too. and the anon reading this

[Anonymous No.20857470]

What’s the purpose of the token?

[Anonymous No.20857497]

>>20857412
I've been on for a while from a dart throw last month but just started paying attention. Seeing a non-template website gave me a raging erection and I bought without checking it out. Everything I have seen looks bullish as fuck.

[Anonymous No.20857514]

>>20857470
it's the governance token for DFOhub, the DFO I just told that anon to check out the proposal section for. it also gives you control over community and VC fund (i.e. voting rights over how they are used) and it also gives you control over 1.5% of the governance tokens for every DFO made on DFOhub, with the same control via voting.

[Anonymous No.20857520]

>>20857464
Fair enough. Looks good, and web3 front end on chain sounds pretty damn cool

[Anonymous No.20857551]

>>20857327
Wow theres like 10 DFOs and it seems like most of them are just tests. Why is this pumping so much if nobody is using it?

[Anonymous No.20857606]

>>20857551
no one knows about it yet, it only launched a few months ago. reddit deleted all the threads about it when it was sub 1m mc, so the only people that know about it are /biz/ and some ETH developer nerds. it only started pumping because they were announced as speakers at a major conference happening in August. this is the ground floor of a DAO platform that puts everything else on the market to shame.

[Anonymous No.20857635]

>>20857551
and really, pumping so much? 6m market cap? this is a fucking steal at these prices lmao

25,653 ARTE
6,779,967 BUIDL

35,047,256 DATA
60,602,435 GNT
67,436,303 AVA
80,742,074 RLC
113,982,474 CKB
121,865,285 STX
125,813,846 LRC
209,736,424 UMA
402,999,344 AAVE
845,831,031 ETC
2,865,527,681 LINK
37,065,929,919 ETH


And here are there peak MCs, in order:

625,653 ARTE
6,779,967 BUIDL

67,933,204 AVA
121,766,746 CKB
135,190,011 STX
220,343,293 UMA
308,207,088 RLC
307,805,448 DATA
446,163,348 AAVE
920,491,320 GNT
968,256,340 LRC
3,308,674,934 LINK
4,395,414,046 ETC
149,491,500,476 ETH


If our two were to beat even just AVA:

ARTE would do a 108x
BUIDL would do a 10x

If they were to beat half, and sit between DATA and AAVE:

ARTE would do a 491x
BUIDL would do a 45x

[Anonymous No.20857651]

>>20857635
fucked up the copy paste, here's the first part

So here are all the current MCs of the projects speaking at EDCON, in order:

625,653 ARTE
6,779,967 BUIDL

[Anonymous No.20858153]

I'm curious to see if this gets traction from EDCON exposure. I wonder what the ETH community will make of the DFO concept and its potential. It would be interesting if there were thought experiments on more fleshed out applications using DFOs.

[Anonymous No.20858891]

[Anonymous No.20858919]

I'm intrigued. Hopefully this doesn't moon before I decide to pull the trigger

[Anonymous No.20859217]

>>20858891
wait the chinks are already in this?

[Anonymous No.20859947]

>>20857226
What's up with the logo on her helmet? Need a more meme friendly logo to go on the helmet. What da fuck is it?