Crypto scams are still rampant, even after the last cycle. We need more laws in place, to hold individuals, businesses, and corporations legally liable. Crypto projects are getting clever to steal/misappropriatel people's money. @SECGov
DAO = Decentralized Autonomous Organization
✅ Decentralized Governance
1. Governance token (VTRS) holders propose changes to the network or DAO.
2. Council determines financial decisions and maintains voting and multi sig control over any funds for the DAO.
3. Technical committee reviews proposals for technical soundness and facilitate maintenance and development work for the DAO.
4. Governance token holders conduct referendum to vote on proposals that are enacted automatically if passed.
⚠️ No Individual maintains any control over the project financially. All wallets are multi-sig. All LP is locked and cannot be unlocked without vote. And all governance activity occurs on-chain with full transparency.
This is the way.
@VitreusChain
#MondayMotivation
📣 INNOWISE + VITREUS DAO
As you can see in the LinkedIn post below, Vitreus’ DAO has reached a partnership agreement with Innowise Group to join VITREUS’ DAO, driving growth and maintenance of the VTRS ecosystem.
Innowise maintains 15 offices globally and employees more than 1,600 developers specializing in ALL areas of tech. So, it’s amazing to see a large company take such deep care of the ecosystem they worked so hard to build for us over the last 10 months.
We will begin with a diversified team of 10-12 technical experts who will serve the DAO as the technical committee with a select few key people also open to serving on the governing council.
We will expand this team as additional capacities and specialties are needed to support the DAO’s needs — bringing unique scaling capabilities and competencies to the entire VTRS Power Plant ecosystem.
Additionally, a Project Manager and experienced Team Leader to recruit and support Web3 companies and projects to build on VITREUS’ DAO will join also.
I am very happy with this collaborative partnership with Innowise. They are an incredible group of people that we have all grown very fond of as we worked together every day over the past year.
Level UP!!
WE. ARE. VITREUS.
LETS GOO!! 🫡🚂
Good Thursday to you all!! #thursdayvibes
📣 INNOWISE + VITREUS DAO
As you can see in the LinkedIn post below, Vitreus’ DAO has reached a partnership agreement with Innowise Group to join VITREUS’ DAO, driving growth and maintenance of the VTRS ecosystem.
Innowise maintains 15 offices globally and employees more than 1,600 developers specializing in ALL areas of tech. So, it’s amazing to see a large company take such deep care of the ecosystem they worked so hard to build for us over the last 10 months.
We will begin with a diversified team of 10-12 technical experts who will serve the DAO as the technical committee with a select few key people also open to serving on the governing council.
We will expand this team as additional capacities and specialties are needed to support the DAO’s needs — bringing unique scaling capabilities and competencies to the entire VTRS Power Plant ecosystem.
Additionally, a Project Manager and experienced Team Leader to recruit and support Web3 companies and projects to build on VITREUS’ DAO will join also.
I am very happy with this collaborative partnership with Innowise. They are an incredible group of people that we have all grown very fond of as we worked together every day over the past year.
Level UP!!
WE. ARE. VITREUS.
LETS GOO!! 🫡🚂
Good Thursday to you all!! #thursdayvibes
📣 Happy ‘Build Update’ Friday!!!
Most notably, the new vGovern governance model for Power Plant DAO has been implemented. We still have some custom actions to add such as 3x weighted voting for NFT holders in VIP… But it is in place.
The First Article vNode is taking longer than we were told it would. @TheMegaDrew and @TheTimBenedict are all over them about the urgency. Apparently the Instructional Insert is what is holding things up.
Our vNode Welcome Email has been prepped for release to operators with comprehensive instructions on support and set up.
We will have the Open Beta infrastructure built inside the discord server by Monday and will provide a briefing on set up as well as support and processes for remediation feedback.
We are also beginning the work on our ALL OUT marketing blitz plan for the final stage 10 push and hope to have that ready to share with the community in the next few weeks. The team appreciates all the valuable feedback from the community during the last week.
Please see the technical details below:
Last Week’s Achievements:
✅ Finalized reputation ranks
✅ Integrated GovernanceV1
✅ Implemented call for fetching node's name
✅ VNode-updater job: integrate upgraded contracts.
✅ Refactor indexer service to be able to listen to Repo contracts that have been minted from the Registry contract.
✅ Implement docker service.
✅ Debug sessions on the package update process.
✅ Work on the updater self-updates process.
✅ CyberLYNQ improvements on mobile side
✅ Implemented sending transactions via CyberLYNQ
✅ Events and calls for Marketplace on the Network side
✅ Fixed migrations
✅ Resolved issues with signature generation for theme holders
✅ Enhanced integration with Cloudflare
✅ Prepared deployment files
✅ Implemented listeners and handlers for blockchain events
✅ Developed an algorithm for calculating reputation levels
✅ Configured websockets in GraphQL
✅ Fine-tuned stories for "View Validators List" and "View My Validators List"
✅ Mobile adaptation on the marketplace, added UI elements provided by the designer.
✅ Implemented fixes for login to ensure that the ID is never lost, and added v2 validation
✅ Image upload to IPFS to ensure that the filename does not affect it
✅ Troubleshoot dappnode packages
✅ Investigate auto update for vNode containers
✅ Configure and check Docker hub for vNode
✅ Check and configure UPnP on vNode
Next Week’s Plans:
🟨 Become a validator flow
🟨 Research and implement governance suggestions
🟨 Process TODOs mentioned in code
🟨 Thoroughly test and refine the integration with Cloudflare on Whitelabel
🟨 Focus on implementing stories for stake, unstake, and claim on Marketplace
🟨 Research and implement governance suggestions
🟨 Process TODOs mentioned in code
🟨 Integrate backend of Marketplace
🟨 Build vNode iso
🟨 Deploy marketplace apps
WE. ARE. VITREUS.
LETS GO!! 🫡🚂
#FridayFeeling
📣 vNodes — The Gold Standard in Decentralized Physical Infrastructure Network (DePIN) devices.
⚠️ BUILT FOR ANY BLOCKCHAIN!!!!
Plug and Play.
Affordable.
Powerful enough for any need.
Pre-Installed OS software.
I’d love to partner with other blockchain projects in helping them get their DePIN launched free of headaches. It’s time to move on from a virtual node environment.
Send me or @VitreusChain a DM.🫡🫡
#DePIN #HelpingOthersWin
Today, we stand on the threshold of a new era—the revelation of Vitreus' Power Plant as self-governed. Here, control is not in the hands of a few but in the collective hands of the entire VTRS Community.
Introducing VTRS Power Plant’s vGovern
You need to remember @_Gregsimon , XLN community has been abused by this project. The "CEO" tag is meaningless to date. We went from @CoryCozad as 1st CEO, than to the abusive @danpuzny as 2nd CEO, than back to @CoryCozad. Why? @danpuzny did a boo boo in LA against a team member.