AMB
AirDAO
$0.00000000AUD
Market Cap
39.3M AUD
24H Trade Vol.
6.0M AUD
Total Supply
3.4B
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Buy AirDAO (AMB)

What is AirDAO?

AirDAO is a decentralized autonomous organization that governs the AMB-NET blockchain and its network of decentralised applications (dApps). It aims to simplify the Web3 experience and make its benefits accessible to everyday users via an easy-to-use web interface. The platform is powered by the AMB token and emphasizes community governance, scalability, security, and usability.

How does AirDAO work?

AirDAO operates as a community-governed ecosystem built on an EVM-compatible Layer-1 blockchain called AMB-NET. It uses a Proof of Authority (PoA) consensus mechanism, where validators must stake AMB tokens to participate in transaction validation. This system ensures the network's integrity and security. Smart contracts on AirDAO are deployed similarly to those on Ethereum, with gas fees paid in AMB. Its blockchain supports various token standards for diverse applications.

What are the potential use cases for AirDAO?

AirDAO offers several use cases across different sectors:

  • DeFi Services: Provides decentralized financial services, especially in emerging markets, integrating products into a mobile-accessible interface.
  • Real World Assets (RWA): Integrates real-world assets like real estate into its blockchain.
  • AirBonds: Introduces AMB token use in bonds, supporting financial stability and network security.
  • Governance: Utilizes decentralized governance, with community members participating in decision-making.
  • Partnerships: Collaborates with other entities for enhanced service delivery and integration.

What is the history of AirDAO?

AirDAO originated as Ambrosus in 2017, primarily focusing on IoT and supply chain applications. It partnered with several companies for supply chain traceability initiatives. The platform rebranded to AirDAO, shifting its focus to DeFi and Web3 applications, and began evolving its ecosystem to include EVM compatibility and broader decentralised solutions. Recent developments reflect its active community engagement and strategic partnerships, further expanding its market presence and functionality.

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