CityDAO

CityDAO is creating a network of assets on chain, beginning with a single parcel of land in Wyoming. Every parcel of land is a Non Fungible Token (NFT) that can be owned collectively by the Decentralized Autonomous Organization (DAO) or by individuals. The organization is building a city on the Ethereum blockchain, beginning by collectively purchasing land in Wyoming utilizing the Wyoming DAO LLC law. Parcel 0 is the first piece of land on chain, and users get access by becoming citizens and joining the Discord channel.

The organization is putting land on the blockchain to facilitate land transfers, programmable digital records , and ownership through crowdfunding. CityDAO began with Wyoming and plans to purchase land in other parts of the United States and the world. The organization kicked off operations in Wyoming as a result of the state's 2021 DAO law, which recognizes DAO governance of LLC corporations. The citizens decide what the land is used for by voting on what happens with the land. Managed by the community, the organization is specifically looking out for individuals to help with the following categories:

• Legal: Navigatingnavigating DAO law, property rights and zoning

• Development: Realreal estate ownership on chain with Solidity and Web3

• Marketing: Findfinding adjacent communities and publicizepublicizing the city

• Land use: DetermineDetermining usage, governance, and control of the land

• First Citizen: The first citizen, like the name implies, refers to the first group of people who purchased a CityDao certificate. These certificates are limited, and first citizens get to name parcels of land. They have the right to call them anything they want, name them after themselves or their loved ones, and all the other citizens would have to refer to the land by that name. The first citizen also gets the benefits that Founding Citizens receive.

During the initial month, individuals could get citizenship for 1ETH (~3,200USD), a founding citizenship was about 10 ETH, and the First Citizen was auctioned and sold for about 6 ETH. The prices constantly change as each of the certificates is a Non Fungible Token. Founding citizenship could be gottenpurchased for 28 ETH (~123,000USD) on OpenSea, an NFT platform supporting the CityDao project. First Citizenship can cost around 1,200 ETH (~ 5.2 million USD.)

In January 2022, CityDAO, fell victim to a $95,000 hack by hackers on the instantDiscord messaging site called Discord. An attacker hacked into one of the project's administrative accounts on Discord and the announcement was made on the group's Twitter account. The fraudster issued a faux land drop from the administrator's account and got away with 29.67 ETH ($95,000) in the process. The affected administrator referred to as Lyons800 tweeted later that the hack was "a ridiculous security breach from Discord."

"EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO LAND DROP. DO NOT CONNECT YOUR WALLET," CityDAO tweeted.

In January 2022, CityDAO, fell victim to a $95,000 hack by fraudstershackers on gamingthe instant messaging site called Discord. An attacker hacked into one of the project's adminadministrative accounts on Discord, and the announcement was accordingmade toon the group's Twitter account."EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO LAND DROP. DO NOT CONNECT YOUR WALLET," CityDAO tweeted Monday. The attackerfraudster issued a fakefaux land drop from the adminadministrator's compromised account, and got away pocketingwith 29.67 ETH ($95,000) in the process. The affected admin,administrator "referred to as Lyons800", subsequently tweeted later that the attackhack was "a ridiculous security breach from Discord."

"EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO LAND DROP. DO NOT CONNECT YOUR WALLET," CityDAO tweeted.

In January 2022, CityDAO, fell victim to a $95,000 hack by fraudsters on gaming instant messaging site Discord. An attacker hacked one of the project's admin accounts on Discord, according to the group's Twitter account."EMERGENCY NOTICE. A CityDAO Discord admin account has been hacked. THERE IS NO LAND DROP. DO NOT CONNECT YOUR WALLET," CityDAO tweeted Monday. The attacker issued a fake land drop from the admin's compromised account, pocketing 29.67 ETH ($95,000) in the process. The affected admin, "Lyons800", subsequently tweeted that the attack was "a ridiculous security breach from Discord."

Being a part of something as grand as the blockchain city often comes with a price tag. During the initial month, one could grab citizenship for as low as 1ETH (~3,200USD.) a Founding citizenship cost 10 ETH and the First Citizen was auctioned and sold for a little over 6 ETH. Now, those numbers have changed. Since each of these certificates is an NFT, they are bound to circulate and go up in price. Founding citizenship now can be yours for 28 ETH (~123,000USD) on OpenSea, an NFT platform that’s supporting the CityDao project. If you want to become the First Citizen and name the lands, however, it would set you back around 1,200 ETH (~ 5.2 million USD.)

During the initial month, individuals could get citizenship for 1ETH (~3,200USD), a founding citizenship was about 10 ETH, and the First Citizen was auctioned and sold for about 6 ETH. The prices constantly change as each of the certificates is a Non Fungible Token. Founding citizenship could be gotten for 28 ETH (~123,000USD) on OpenSea, an NFT platform supporting the CityDao project. First Citizenship can cost around 1,200 ETH (~ 5.2 million USD.)

Being a part of something as grand as the blockchain city often comes with a price tag. During the initial month, one could grab citizenship for as low as 1ETH (~3,200USD.) a Founding citizenship cost 10 ETH and the First Citizen was auctioned and sold for a little over 6 ETH. Now, those numbers have changed. Since each of these certificates is an NFT, they are bound to circulate and go up in price. Founding citizenship now can be yours for 28 ETH (~123,000USD) on OpenSea, an NFT platform that’s supporting the CityDao project. If you want to become the First Citizen and name the lands, however, it would set you back around 1,200 ETH (~ 5.2 million USD.)

• First Citizen: The first citizen meanslike the name justimplies, thatrefers -to the very first persongroup of people who purchased a CityDao certificate. AsThese thecertificates nameare suggestslimited, there is only one of its kind. Being theand first citizen youcitizens get to name a parcelparcels of land. YouThey have canthe right to call itthem anything youthey want -, name them after yourselfthemselves or yourtheir loved ones, peopleand all the other citizens would have to refer to the land by that name. The Firstfirst citizen also reapsgets the benefits of anythat Founding CitizenCitizens receive.

• Founding Citizen: This is regarded as high-class citizenship. Having a Founding Citizenthis certificate grants yougives earlycitizens access to land auctions. That means whenWhenever fresh land is available, youthese getcitizens tocan bid for a piecepart of it before anythe average citizen. So potentially, a regular citizen may never get to see or buy the land they want.

• Citizen: This is regarded as the novice level of the gameCityDAO. As aThe regular citizen, you getgets basic voting rights and is granted access to the Discord channel. You’llCitizens also get access to land purchasing inrights for the future when moreextra land is acquiredgotten by CityDao.

In CityDAO, there are three different levels of citizenship, and each of them come with an upgrade in privileges from lowest to highest.

• Citizen: This is the novice level of the game. As a regular citizen, you get basic voting rights and access to the Discord channel. You’ll also get access to land purchasing in the future when more land is acquired by CityDao.

• Founding Citizen: This is high-class citizenship. Having a Founding Citizen certificate grants you early access to land auctions. That means when fresh land is available, you get to bid for a piece of it before any average citizen. So potentially, a regular citizen may never get to see or buy the land they want.

• First Citizen: The first citizen means just that - the very first person who purchased a CityDao certificate. As the name suggests, there is only one of its kind. Being the first citizen you get to name a parcel of land. You can call it anything you want - name after yourself or your loved ones, people would have to refer to the land by that. The First citizen also reaps the benefits of any Founding Citizen.

Not all citizens are made equal inIn theCityDAO, City of Dao. Therethere are three different levels of citizenship, and each of them come with an upgrade in privileges from thelowest oneto belowhighest.

Not all citizens are made equal in the City of Dao. There are three levels of citizenship, each with an upgrade in privileges from the one below.

The project is seeking to develop a digital representation of physical land. Individuals purchase pieces of land in the real world in Wyoming, then sell the rights of governance. To govern and become citizens, users purchase a certificate of citizenship, which is a Non Fungible Token. Though the land on the blockchain is connected with a physical plot of land, citizens do not own any piece of the land and can only vote on policy changes and laws to decide what happens on it. There are plans to include the placement of buildings and structures on the land.

The project is seeking to develop a digital representation of physical land. Individuals purchase pieces of land in the real world in Wyoming, then sell the rights of governance. To govern and become citizens, users purchase a certificate of citizenship, which is a Non Fungible Token. Though the land on the blockchain is connected with a physical plot of land, citizens do not own any piece of the land and can only vote on policy changes and laws to decide what happens on it. There are plans to include the placement of buildings and structures on the land.