5 projects successfully log in to the IC ecosystem SNS, opening a new chapter in Decentralization governance.

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Recently, 5 projects have successfully logged in to the IC ecosystem service neural system.

In the past two months, a total of 5 projects have successfully logged in to the service neural system (SNS) of the Internet Computer ecosystem. These projects include:

  1. Catalyze - A platform dedicated to decentralized community management.
  2. ICX - A platform focused on decentralized social networking.
  3. BOOMDAO - Providing infrastructure support for all-chain games
  4. Nuance - A platform for building a decentralized blogging ecosystem
  5. Sonic - A decentralized exchange in its early stages

The Service Neural System (SNS) is a launch platform infrastructure tailored for Internet computer chain ecological projects. It allows projects to easily issue tokens and deploy decentralized autonomous organizations (DAOs). Anyone holding ICP tokens can participate in purchasing the tokens of these projects.

Investors can participate in various aspects of the project governance by purchasing and staking project tokens on SNS, including system upgrades, smart contract updates, treasury fund management, and event creation. This participation also reflects the investors' confidence in the project's prospects.

For projects that want to launch on SNS, there are two key thresholds that need to be crossed:

First, the project must submit a detailed white paper and tokenomics proposal, and gain the support of the majority of ICP stakers on the Network Nervous System (NNS). Only after obtaining widespread recognition from the community can the project commence the token sale.

Secondly, at the end of the token sale, the amount of ICP raised must reach the minimum target set by the project itself.

Only by simultaneously meeting these two conditions can the project successfully log in to SNS. After logging in, the control of the project will be transferred to the DAO, and all raised ICP will be deposited into the project treasury. From now on, all major decisions, including system upgrades and fund management, will be made by the community through governance mechanisms.

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MercilessHalalvip
· 07-12 05:05
Are these five still alive?
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OnlyOnMainnetvip
· 07-09 06:32
The IC ecosystem has finally started to take off!
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TokenomicsTrappervip
· 07-09 06:09
ngmi... classic exit liquidity hunting szn
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AirdropNinjavip
· 07-09 06:03
The freeloaders will always be gods.
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