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.
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.
AirDAO offers several use cases across different sectors:
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.