Trying to understand Web3 can be rather exasperating. 👀 odyssey_dao has tried to take the initiative to explain these tricky intricacies to the public, hoping to help smoothly transition regular people & techies alike into the new internet era.
is far easier than ensuring its continuity. As such, they have put measures in place to ensure that the project is funded as it seeks to continue its mission., 80% of the funds raised are to be placed in the community treasury. The funds set aside are to be used to pay the team leads and community members who make significant contributions to the project. Members of the OdysseyDAO Discord community can choose to publicly identify as investors in the project.
To ensure the long-term continuity of the project, Odyssey launched the ODY token, which allocates governance responsibility to all its holders. Currently, there are 178 backers of OdysseyDAO. Backers of the project who receive the ODY tokens can use them to submit and vote on the proposals that Odyssey is supposed to tackle next. In addition, all backers were invited to a private Discord channel whereThe ODY tokens were issued during the crowdfunding, with none leftover for new members. The only way to obtain them now would be to purchase them from the original backers and have the governance rights transferred.
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