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World Heritage Project TemDAO Helps Cultural Sector With Democracy-Powered Donations – CoinCheckup Blog

Vladislav Sopov by Vladislav Sopov
April 11, 2023
in blog
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World Heritage Project TemDAO Helps Cultural Sector With Democracy-Powered Donations – CoinCheckup Blog

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Tokyo, Japan, April 11, 2023, Chainwire

TemDAO is a World Heritage project that aims to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites.

Recently, TemDAO has made notable donations for preservation efforts in Ukraine, Turkey, and other parts of the world. These actions aim to help communities preserve their existence and their world heritage.

The team stresses the importance of recognizing the importance of preserving the common cultural history of the world. TemDAO aims to have a positive impact on global culture through its unique strategy and solutions.

The team’s strategy for the protection of World Heritage and cultural property

TemDAO has an innovative strategy to protect world heritage and cultural assets. The project aims to empower individuals and organizations to stimulate projects that preserve these important resources.

As a current initiative, the TemDAO team is working with Ninna-ji Temple, one of the temples in Kyoto, Japan.

There are many temples in Kyoto, but they have the problem of aging and need to be repaired or rebuilt. Ninna-ji Temple and TemDAO are working together to try to rebuild the temple through donations.

The project is based on transparent transactions in which all expenses are recorded on chain, making corruption impossible and allowing special utilities to be offered to collaborators who agree with their objectives.

The proposed utility is the right to stay in a special part of the temple. This room has an important historical significance, where an old emperor lived. Wouldn’t it be historic to be able to stay in the same room and experience the same sensations?

TemDAO explores the possibility of connecting the world of Buddhism at Ninna-ji Temple with the reality of their DAO to ensure lasting protection and restoration of Ninna-ji Temple.

A system powered by democracy and the $TEM token

TemDAO is a platform that uses blockchain technology to facilitate the protection and maintenance of World Heritage Sites. It features two forms of democratic governance: off-chain voting, known as “soft” governance, and on-chain voting.

The $TEM token serves as fuel for this system, with multiple use cases:

  1. It allows holders to lock $TEM. The operation allows the community to manage fundraising proposals and decide on the allocation of funds.
  2. It allows the community to pay commission fees for IP-NFT trading.
  3. $TEM staking creates a pool for fundraising and project review.
  4. The $TEM repository allows users to become nodes that review projects while deterring cheating.

The distribution of $TEM tokens aims to provide incentives to all stakeholders in a democratic way. Specifically, most tokens (62%) go to the ecosystem. This includes participants in the protection of world heritage or cultural property and funds for equipment and repairs.

Additionally, 14% of the tokens help the team push their marketing efforts. The same amount (14%) is dedicated to the development of the platform and its support services. The remaining 10% is in the hands of TemDAO stakeholders, such as the team, investors, potential employees, and strategic partners.

TemDAO’s decentralized governance mechanism preserves world history by balancing token utility and fund allocation.

Recent donations from the World Heritage Preservation Project

The TEM Project team recently made donations to several organizations to support people and communities affected by world events. All of these donations were made from the proceeds of $TEM.

In particular, they donated funds to help Ukraine after the 2022 Russian invasion. The team donated for earthquake relief that hit Turkey in February 2023. The team has contributed to NPOs and NGOs such as “Save the Children”, “Binance Charity”, and others through these donations.

The mission of the project is to ensure that world heritage is preserved and protected. In such a context, donations represent a direct means of contributing to this objective. The project team is committed to ensuring that their donations are used wisely.

About TemDAO

TemDAO is a DAO accelerator for the protection and development of World Heritage. The project provides a broad ecosystem of resources and support to fund, govern and develop cultural assets around the world.

TemDAO uses a decentralized and democratic governance system powered by the $TEM token. This approach preserves and maintains World Heritage Sites through off-chain and on-chain voting processes and more.

The team recently in partnership with the Giving Block, a popular name in the world of crypto charities. The Giving Block has gradually established a reputation as a go-to platform for nonprofits looking to accept cryptocurrency donations. This partnership is a great opportunity for TemDAO to strengthen its mission to protect precious World Heritage Sites and accelerate its fundraising efforts.

The project’s recent donations go in the same direction, bringing relief and support to communities affected by global crises. In doing so, TemDAO ensures the preservation of world heritage for future generations.

The TemDAO website and the social media pages below provide more information about the platform, its features and how it works.

Twitter | Telegram

Contact

Marketing director
Kei Sugimura
(email protected)




Source by [author_name]

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