Obtain a legal wrap for the DAO: To be actionable in negotiations and to take liability off from team members and DAO stakers, a legal DAO wrapper is inevitable. We think its a good idea to put this into the hands of a experienced team from Legalnodes, which would cost the DAO a monthly subscription of roughly 500$ … This is a reoccuring expense and summarizes to a total of 6.000$ per year
Our current Liquidity is pooled mainly along with osmo, which turned out a desastrous price action: from 1.75$ to 0.20$ it dragged our operational Liquidity and put the project close to a final breakdown. Active conference operations have been temporarily ceased because of weak overall interest and demand in the ecosystem.
Launch a nRide live-pilot program: We have two team members in New York City, that could arrange a real live service in cooperation with local taxi companies. It’s essential to make the onboarding as easy as possible for passengers, but as well reliable and secure the offramping for drivers. We are neither a bank nor a payment-service- we are just a small missing link in a greater puzzle of digital economy, trustless payment methods and a new upcoming digital infrastructure
Get in collaboration with other crypt-related real-world services: Together the web3 movement can be much stronger than fighting itself: We want our app to be modularized integrated into mobile-wallets, car media devices, or even smart watches- If you are working in any field where a ride-hailing widget would make sense- get in contact with us. If you think your expertise and skills could add significant value the DAO, get in contact with us, the DAO can and will compensate your efforts
The osmosis pool liquidity is deployed from the DAO’s treasury via Proposal A27. OTC Traded Osmosis Tokens shall be deployed the same way to strenghten liquidity.
Our TGE has been executed using the DAODAO Dao tooling framework. It creates predictable and audited token contracts, just like pumpfun, but for DAO’s To onboard early investors we use strictly Over-the-Counter Escrow contracts out of the DAO’s treasury wallet, to make all buys as safe as possible for both sides.
OTC Token price will be determined using the SMA3 on the Daily, to smooth out peaks in both directions and preserve MiCAR compliance
If you think your expertise and skills could add significant value the nRide project, don’t hesitate to get in contact with us, the DAO can and will compensate your efforts
Ridehailing
Some personal thoughts: Unfortunately a few weeks ago our most promising competitor Solana Teleport sunset his work. They already had a small hand full of cities in live service, but suffered a general lack of demand and attention to that service. Their team was highly qualified and professional, wrote superb articles on X and had a good media correspondence. Of course, the market fit of a product like theirs/ours is strongly tied to general stablecoin adoption within a critical mass of possible users. I’m not happy about their absence, because it shows how difficult that sector of Decentralized Physical Infrastructure is…
