Introducing Lumiblocks

mixturegg
Lumiblocks
Published in
2 min readJul 14, 2021

Hello World, Hello Revolution!

The day has come and we are happy to announce Lumiblocks!

Lumiblocks is a community-driven DAO that funds and maintains web3 and crypto projects, processes and executes general-purpose collective decision making in order to increase the utilitarian functions of a governance token.

Lumiblocks’ goal is to create an ecosystem and synergy in decentralized and transparent voting, governance, and most importantly, the collaborative development of projects and communities.

How it Works?

Developers unite in a team that creates a projects and products that adds value to the LUMI token and the entire ecosystem, thereby benefiting LUMI holders. Token holders using DAO will support the best projects and products by voting and rewarding developers with tokens from the DAO treasury. Projects and products will increase the price of LUMI or offer special premium opportunities for LUMI holders.

Lumiblocks Simplified Model

• Lumiblocks:
DAO — digital form of collective decision making
Forum — place for the community to discuss ideas
Platform (LCP) — general purpose platform for creating and delegating processes, tasks and even communities

• #BUIDLers:
collective of developers, testers, memologs etc

• #HODLers:
Lumiblocks token holders

• L3P:
Layer 3: ideas, projects, services, communities (see below)

Ecosystem

The heart of the ecosystem is based on a forum where quality discussions starts. Ideas, projects are proposed, and the rest of the community is exploring creation, value, and many other things.

Further, Lumiblocks Communities Platform, it describes all the teams working on projects, their status, progress and tasks. If the community liked the idea, then an LCP subcommunity is created for it, where all the necessary resources, actions and documents are created and solved.

After that, a proposal is created in the DAO, where the owners of tokens decide the fate of the project, with a positive result, the subcommunity receives funds for the collective development of DApp, NFT, DeFi, Gaming, Web3 and other projects, which in turn will have to benefit the Lumiblocks community and increase the value of the LUMI utility tokens.

Lumiblocks Layers Model

We’ll keep informing you about how it works, token, DAO and more, and you will find out soon. Stay tuned!

🔥 Join our community: 🔥
- Twitter
- Telegram Chat
- Telegram Channel

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