Organization attributes
LXDAO brings builders together to develop and maintain projects for Web3. The ideas for building come from the internal and external LXDAO Community. Ideas can be proposed by developers, product designers, operations, musicians, and others. The major requirement is that the ideas should be meaningful and valuable to Web3.
The community vote is vital to LXDAO. To polish the idea and project, make an equitable rewards distribution, and ensure that LXDAO is focusing on a project that is beneficial in Web3, the vote is essential. Only LXDAO builders are allowed to vote.
Rewards allocation is another part of LXDAO's mission. The platform has a limited DAO treasury and plans to apply for external grants, donations, and investments for projects. The alternative plan if this does not work out is to utilize LXPoints as PoW for users in the meantime and convert them into tokens or fiats as time goes on.
