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Titans reviving Koios
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Important info
Intro Titan Tokens
The Titan Token and Titan NFTs gave voice and face to the community
We are not funded by Venture Capital; community is vital for gradual growth. For the Titans to govern their platform and ecosystem, they need their own native cryptocurrency (token). This community cryptocurrency is called the Titan Token and supplies the community with powerful incentives to align members' interests. On a very large scale, if desired.
Yet, it is crucial to realize that we know almost nothing. We learn by experimentation and above all by play. Play is, after all, the highest form of research.
Original Titan Token
We are building a platform and community. To create an environment in which open learning ecosystems can thrive, Koios is gradually growing into a DAO. An entity on the internet, run by a community. No worries, more explanation later. The legal registration of a dormant 'KoiosDAO Foundation' enabled the launch of our Titan governance token via a community airdrop in Q4-21: https://polygonscan.com/address/0xb49750ad82d11c12209a837210ab753ab09115a7.
Since then, Titan tokens have gained in use cases.
- They provide voting power and enable community members to support, or prevent, the initiation and exploration of new activities. The tokens represent your stake in the DAO.
- They also provide a role and reputation in the community. Made visible in the community leaderboards, verifiable in transparent blockchains.
- They provide access to private parts of the Discord, digital & physical meet-ups, events. But also to exclusive honors programs. Places where you can meet fellow titans.
- The Titan Token can also be 'burned' in exchange for a Titan NFT. These NFTs can be bought and sold via marketplaces like OpenSea.
The Titan Token is a governance token and holds no monetary value. It cannot be bought or sold; it can only be earned via contribution and it is soul-bound/not transferable from your wallet. We know nothing. To safeguard us against ourselves and bad actors, we have access to an unlimited supply of Titan Tokens. As Koios and our skills as Titans grow, we aim to gradually give full power to the community. We can't wait to hear the first words of KoiosDAO in its toddler phase.
In due time, publicly verifiable and immutable smart contract code will run the DAO community & Platform. The tokens will gradually spread over different people with different contributions: learners (classes), community members (Discord), proposals (Snapshot), and monetary (OpenSea). Creating a healthy robust basis in which open learning ecosystems can thrive and scale.
Evolution, not revolution.
Together.