WeTeam DAO App Has Launched on IRISnet!

— The iService-based DAO Tool for Cosmos

IRISnet
IRISnet Blog
2 min readApr 13, 2022

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WeTeam, winner of the tech-grant by IRIS Foundation, has recently launched its DAO (Decentralized Autonomous Organization) Tool. The WeTeam dApp is the first DAO tooling platform launched on IRISnet mainnet using iService, and will further expand the Cosmos DAO map.

Powered by IRISnet’s unique iService and robust interchain capacity, the WeTeam dApp, as a DAO starter, provides a set of convenient DAO management features including team creation, token issuance, incentive model building, proposal governance, and more by using “tokens” as proof for value circulation, and benefit distribution between DAO members. Moreover, to provide universal DAO solutions, WeTeam supports both internet-native projects and traditional organizations.

🔗WeTeam official website:

As a budding social organizational form, DAO is no doubt a game-changer in the blockchain world and modern business operations. The sooner you become aware of this, the more likely you would lead the game. Having identified the great potential of DAO, IRISnet has set to explore the possibility of expanding the utility of IRIS tokens and NFT applications using DAO tools. While WeTeam, with more NFT features underway, will foreseeably support this plan and further boost the IRISnet NFT ecosystem.

Also, with the support of DAO tools, there’re also chances that IRISnet would explore teaming up with more DAO communities and further expanding our ecosystem in a more decentralized manner.

Recommended Readings

🔗 IRIS Foundation Tech-Grants Program

🔗 IRISnet & WeTeam Tech-Grants Announcement :

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IRISnet
IRISnet Blog

Built with Cosmos-SDK, IRISHUB enables cross-chain interoperability while providing modules to support distributed business systems.