The SpiderDAO project celebrated its one-year milestone on December 15th. SpiderDAO is developing a set of rules to avoid unfair voting on decentralised platforms. Spider pairs it with an expanding range of services and offers like the secure SpiderVPN, SpiderNest, liquidity and staking programmes, and more.
What is SpiderDAO?
SpiderVPN offers its consumers a decentralised, router-based VPN service. It uses a dual-governance approach that combines hardware and software tools with on-chain aspects.
The team’s goal is to create a new set of standards for decentralised autonomous organisations to address the unequal distribution of voting power.
SpiderDAO develops a whale-resistant method. Meanwhile, it produces a scalable, interoperable, and stable governance system. SpiderDAO achieves this by combining hardware protections and using the Polkadot consensus process.
SpiderDAO works on the dependable DAO framework. The framework adds a dual governance mechanism that provides a whale-resistant solution. It considers itself to be the market leader in multi-layer DAO hardware governance. The DAO combines hardware and software tools to give democratic and anti-whale governance procedures.
This permits the distribution of network progress, feature development decisions, and consequent value production among all users rather than relying on a single authority. SpiderDAO eliminates all issues related to classic DAO. Furthermore, customers receive a dVPN (decentralised VPN) service that they can access via SpiderDAO Tokens, ensuring total privacy.
A Look Back at the Previous 12 Months
A year ago, SpiderDAO was a relatively unknown project, but the team has achieved significant progress in only 12 months.
Beginning with the project’s private sale and debut on the PolkaStarter IDO, the team launched various projects. Some notable projects include the SpiderDAO distribution programme, Liquidity as Utility, and several AMAs. Its aim was to spread the word about SpiderDAO and educate the public about the improvements the project would bring.
CertiK audited the project, and over 7,000 customers around the world received real SpiderVPN routers as part of the inaugural onboarding campaign. CertiK is a security-focused rating platform that monitors blockchain protocols and initiatives.
The successful manufacture and selling of unique SpiderDAO NFTs using PolkaPets were supported by several marketing initiatives, contests, and tournaments. Initiatives include listing meme competition, listing on the Liquid exchange, and second place in the CS: GO Exeedme Gaming Tournament.
The team continued with further registrations, certifications, and collaborations. They joined the Defi Gaming Coalition, building a bridge to Moonriver through AnySwap and installing SpiderNest on Moonriver.
Along with these activities, the project built the world’s first hardware DAO, executed many testnet upgrades and extensive beta testing, and published beta versions of Android and iOS apps during the previous few months.
Partnerships with well-known brands in the crypto field are one indicator of the project’s success. Consequently, MobiFi, M247, RioDefi, Kilt, PolkaPets, Lead Wallet, Hypersign, Xfai, Apron Network, Exeedme, Kine Technology, and Derived are just a few of the well-known companies that have worked with SpiderDAO.
What are The Plans for the Future
The SpiderDAO team is now working on improving its token usefulness. Additionally, it is working on safeguarding the future metaverse through the use of revolutionary metaverse security protocols. Spider aims to do it using new, multi-purpose routers. SpiderDAO will deploy these routers shortly.
Furthermore, this hardware will be available to all users. Additionally, it will provide many important benefits. Some benefits include mass adoption by almost any crypto project, increased awareness and adoption, eco-friendly operation, a significant ROI, and ease of use due to plug-and-play capabilities with only two steps of setup.
The SpiderDAO team is still concentrating on development, outreach, user education, and partnership tie-ins.