Daonuts provides a suite of tools for enhancing online communities. The community decides what constitutes contribution. This may be positions or roles that members have, scoring based on upvote karma, or another metric altogether. This contribution score is tokenized on the Ethereum blockchain as two tokens. One non-transferable token represents the contribution score itself. Another transferable token is used as a community currency. These tokens are used for weighting within governance polls but also represent the stake of members based on their contributions to the community. The currency tokens are spendable within the community on:

  • subscriptions to enhanced features
  • rewarding other members for content
  • buying temporary control of certain community assets
  • gamified content curation