NILE (NFT Is Life Evolution) has launched its first DAO lineup, which includes WONDER DAO, ARTEUM DAO, DELTA DAO, and ORACLE DAO. Each DAO has a specific mission and community dedicated to achieving their goals.
Last year South Korean blockchain game developer Wemade Launched NILE to enable artists to promote and monetize their works through DAO projects. NILE is a blockchain NFT platform powered by DAO, and it is the world’s first platform to be based on a fully decentralized smart contract infrastructure.
It seeks to revolutionize the way we identify and express creativity, inspiration, and opportunity by providing trustless and transparent projects in various areas such as art exhibits, concerts, music, investments, sports, and businesses that can be managed through DAO.
WONDER DAO is the first DAO on NILE to accept participants and aims to grow sustainably with the advance of the mega ecosystem of WEMIX3.0 via democratic and transparent management. ARTEUM DAO is focused on forming a new art community that collects a range of artworks, discovers rising artists, and expands into the cultural business sector.
NILE is currently developing DELTA DAO, a WEMIX3.0-based automatic asset management protocol that enables users to access and utilize DeFi services easily. ORACLE DAO is a protocol that connects with blockchain technology to provide accurate numbers in real-time, refining actual data that can be utilized in designing financial products that can enrich the WEMIX ecosystem even further.
All the DAOs are operated and serviced on the Neith Protocol, a programmable smart contract mechanism that enables the community to create, facilitate, and manage all aspects of potential projects, including funding of the DAO, facilitation of the business or project, and distribution of profit.
The Neith Protocol lowers the entry barriers to DAO creation, making community activities infeasible before now possible. NILE is a DAO and NFT platform based on the WEMIX3.0 mainnet.
Read Also: Wemade Launches WEMIX3.0 Mainnet To Solve ‘Blockchain Trilemma’