TONxDAO / Frequently Asked Questions / Part #1
Our team has gathered the hottest questions from our community and prepared detailed answers for you. You’ll learn more about the project, as well as its future plans and prospects.
Since there were quite a few questions, we’ve split the article into two parts to make it easier to read. The second part, with the rest of the equally important questions, will be published a bit later.
https://teletype.in/@xdaoapp/HUX7T2SjQ7H
Here are the questions you'll find answers to in this article:
If you don’t find the answer to your question here, don’t worry – it’s most likely coming in part two of this article. Sit back and relax, we're getting started!
What's the point of the project?
The mission of TONxDAO is to showcase and unlock the full potential of DAOs for a broad audience through various gamified mechanics, while also giving people the opportunity to earn $DAO tokens, which can later be converted into real money after the airdrop.
In the near future, we’re planning to launch XDAO’s main product within Telegram on the TON blockchain, packed with powerful utilities. We’ll be sharing more details about this in our Telegram channel
What DAO is?
A DAO, or Decentralized Autonomous Organization, is a way for a group of people to organize themselves where all participants collectively manage and make decisions without a central leader. The rules and processes of such an organization are coded into a blockchain-based program, which automatically enforces these rules, making them transparent and unchangeable. This ensures that all actions of the DAO are visible and verifiable by all participants, increasing trust within the community. Every member has an equal voice and can propose ideas. Decisions on how to raise and spend funds are made collectively through voting, where each vote holds the same weight.
DAOs allow people from different parts of the world to collaborate and manage shared resources without needing to personally trust each other, relying instead on the security and transparency of blockchain technology.
DAOs are already being used successfully in various fields, such as collective crowdfunding for charitable projects, managing shared investment funds, co-owning artworks or real estate, and even in the gaming industry for managing player communities. They enable people to unite around common goals, making processes more democratic and efficient by eliminating intermediaries and automating tasks via blockchain
What are those four circles with a "+" sign inside next to the main mining button?
Those are buttons for inviting people to the DAO. When you click on any of the four circles, you’ll have the option to send an invitation to someone to join your own DAO
How does the referral system work, and why should I invite friends to my DAO?
In TONxDAO, there are two different mechanics for inviting people that allow you to earn more tokens:
With this link, you can invite anyone to play TONxDAO. You can invite an unlimited number of people and earn 10% of the total tokens they earn throughout their gameplay. This means that by inviting more friends, you can significantly increase your token income
2. Invitation link to your own DAO
You can invite up to 4 people to your DAO, meaning the maximum number of participants in the DAO, including yourself, is 5. If you invite 1 person, you get a x2 multiplier on token farming when you're vibing together simultaneously. If you invite between 2 and 4 people, you get a x3 multiplier on token farming when you’re vibing with at least two of them at the same time
Will there be a way to invite more than 5 people to the team (DAO) to earn more multipliers?
Yes, a new mechanic will be introduced soon, allowing you to farm even more tokens by activating multipliers when forming larger teams. A little teaser: to do this, you’ll need to create Telegram chats!
What is DAO profit and how is it distributed among all participants?
The profit of a DAO is the total balance of all its participants. If any participant leaves the DAO, the amount of tokens they have farmed is deducted from the overall DAO balance. While we can’t reveal all the details just yet, we recommend that at this stage, you find or form a reliable and effective DAO with the most responsible participants to farm as many tokens as possible for the DAO’s balance. This will play to your advantage in the near future
What is the Early campaign and how will the airdrop be distributed among its participants?
Early is a platform created by the TON Foundation Accelerator and Open Builders (the Notcoin team) that helps early-stage Web3 projects acquire their first users. The main goal of Early is to develop effective strategies that enable new projects in the TON ecosystem to successfully enter the market and grow sustainably with community support.
TONxDAO, in collaboration with Early, has launched a campaign featuring an airdrop for our early users with a substantial rewards pool. TONxDAO users need to complete various tasks in the Community bot. The link to the campaign is https://t.ly/3peuC. You need to earn as many rating points as possible to secure a higher position on the leaderboard and receive more tokens during the airdrop.
A total of 3% of the overall supply of $DAO tokens has been allocated for this campaign. The first 50,000 players on the leaderboard will be eligible for the airdrop. Here’s how the rewards will be distributed:
- 1% → 1st to 500th place on the leaderboard
- 1% → 501st to 10,000th place on the leaderboard
- 1% → 10,001st to 50,000th place on the leaderboard
Just to clarify, the fewer players there are sharing that 1% of the total token supply, the more tokens each player will ultimately receive.
It’s also important to note that this airdrop is separate from the main airdrop planned for our project in the future
I saw that the $XDAO token is already being traded on an exchange. Is this your token? What’s the difference between it and the $DAO token that we farm in the game?
These are two different tokens. $XDAO is the main token of the entire XDAO project ecosystem, which was launched over two years ago. It is not related to the $DAO token that you farm in the game. Please stay updated with all further announcements on our official channels and be cautious of scammers
How long does it take for energy to fully recharge in the game for token farming?
The energy bar fills completely from 0 to 100% in 8 hours 20 minutes. This means you can fully use your energy to farm $DAO three times a day
What should I do if I found a bug in the TONxDAO game and want it to be fixed?
If any feature in the app is not working correctly, or if you’ve found a bug or issue, we’ve created a convenient Google form for such reports. All submissions made through this form are quickly forwarded to the development team for prompt resolution. To speed up the problem-solving process, it’s better to fill out the form right away instead of writing in the official community chat
Link to the form: forms.gle/Yg6QPG9Yyej3jWrz7
How to turn off vibration while farming tokens?
By default, vibration is enabled for every user. Many of you requested the option to turn it off, and we’ve made that possible. To disable it, click on the phone icon in the top right corner of the app
What is the maximum level of DAO?
Even our developers don't know this... There are rumors that some farming monsters have managed to reach level 170, but that's not confirmed. In any case, we will gradually increase the number of levels, as your DAO level will soon determine your ranking among other players
Are there any advantages for someone who is a DAO owner compared to someone who is just a regular participant?
There is no difference, as one of the main features of a DAO is the equal rights and opportunities of each participant