SpiderDAO announces strategic partnership and future LaU program with Idavoll Network.
MAY 20th 2021. SpiderDAO is happy to announce an upcoming strategic partnership with Idavoll Network and bring our LaU (Liquidity as Utility) program to their users and their wider community enabling them to benefit significantly by staking $IDV and receiving additional Spider VPN rewards once launched.
Idavoll Network is a decentralized organization platform that provides infrastructure and services to users of the Idavoll Network and Polkadot ParaChains. Each Idavoll Network’s individual organization exists as a set of modules that define the organization’s stakeholders and their associated rights and privileges.
Idavoll Network use revolves around three typical scenarios:
- COMPANY USE
Create a company-type organization and use a transferable token to represent the ownership of the company. Decisions are made based on voting at stake and realize the essential functions of the shareholder roster, token transfer, voting, position appointment, accounting and other organizational structures.
Create a membership type organisation and use non-transferable tokens to represent the membership. Decision-making is based on one-member-one-vote governance with a governance decision-making process that achieves equal beneficiary rights.
Create a reputation-type organization and use non-transferable tags to indicate reputation. Decisions are made through reputation-weighted voting.
As a fully decentralised organisation, Idavoll Network has a set of pallets to achieve the management of DAOs: organisation module, voting module, token module and finance module. By interconnecting the four main modules together, everyone can define a DAO which constrains how actions can be performed within the organization
The upcoming SpiderDAO/Idavoll Network LaU Partnership
Here at SpiderDAO, we are always looking to provide the best in privacy solutions and utility for partners and their clients. There will be a unique opportunity for future $IDV holders to fully secure their network connection through FREE access to SpiderDAO’s VPN service.
To obtain free access to the Spider VPN service, all end-users or future $IDV token holders have to do is participate in the upcoming $IDV liquidity (LaU) mining program.
Quote from Nathan Varty, CEO of SpiderDAO
“We look forward to being able to provide Idavoll Network and their users with security and protection of their online privacy as they roll out their comprehensive suite of services. We are excited to join up with Idavoll and help support their DAO infrastructure. We look forward to offering a world-class VPN service to enhance their users experience further.”
Quote from Idavoll Network
“Idavoll Network is excited to partner with SpiderDAO. We have many of our community members using VPN for privacy concerns and also for other restrictions. We sincerely looking forward for the long term cooperation with SpiderDAO and invite our LP holders to get most of the benefit of SpiderDAOs LAU program”
About Idavoll Network
Idavoll Network is a decentralized autonomous organization management platform that provides infrastructure and services for the Idavoll Network and Polkadot ecosystems users. Each Idavoll Network organization exists in the form of a set of modules linked to each other. These modules define the stakeholders of the organization and their related rights and privileges. Idavoll Network will implement the idavoll court developed and maintained by $IDV holders in the future. Organizations can use courts to resolve subjective disputes with dual outcomes.
SpiderVPN provides a decentralized router-based VPN service for its users using a dual-governance model, bringing together hardware and software tools with on-chain elements. The team aims to build a new set of standards for Decentralized Autonomous Organisations to counteract the unfair distribution of voting power. Combining hardware safeguards and leveraging the Polkadot consensus mechanism, SpiderDAO establishes a whale-resistant mechanism whilst creating a highly scalable, interoperable and stable governance system.
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