press release {/netabare}
PRESS RELEASE Tokyo, Japan, April 11, 2023, Chainwire. TemDAO is a World Heritage project that aims to protect and preserve cultural heritage through donations and democracy; using TEM tokens, the project ensures the long-term sustainability of the world’s cultural heritage.
In recent years, TemDAO has been active in donating to conservation efforts around the world, including in Ukraine and Turkey. This is aimed at contributing to the survival of local communities and the preservation of world heritage sites.
Emphasizing the importance of recognizing the significance of preserving the world’s common cultural history, TemDAO aims to positively impact the world’s cultures through its unique strategies and solutions.
The Team’s Strategy for World Heritage and Cultural Heritage Preservation
TemDAO has an innovative strategy to protect world heritage and cultural assets. It is intended to empower individuals and organizations to activate projects that protect these important resources.
In a current initiative, the TemDAO team is working with Ninna-ji Temple, one of the temples in Kyoto.
There are many temples in Kyoto, but they have the problem of aging and need to be repaired or rebuilt. Ninna-ji Temple and TemDAO are working together to try to rebuild them through donations.
The project relies on transparent transactions where all expenses are recorded on-chain, so corruption is impossible and special utilities can be offered to collaborators who agree with its aims.
The proposed utility is the right to stay in a special part of the temple. The room is a room of historical significance, where emperors lived in the past. Isn’t it historic to be able to stay in the same room and experience the same feelings?
TemDAO is exploring the possibility of connecting the Buddhist world of Ninna-ji Temple with the reality of our own DAO to achieve sustainable protection and restoration of Ninna-ji Temple.
democracy and $TEM token fueled systems
TemDAO is a platform that leverages blockchain technology to facilitate the protection and maintenance of world heritage sites. It features two types of democratic governance: off-chain voting, called “soft” governance, and on-chain voting.
TEM tokens fuel this system and have multiple use cases:
- they allow holders to lock $TEM. This operation allows the community to govern funding proposals and determine funding allocations.
- Allows the community to pay the fees required for IP-NFT transactions.
- TEM can be put up to create a pool for funding and project consideration.
- Depositing a TEM allows users to become nodes for reviewing projects while deterring fraud.
The distribution of TEM tokens is intended to provide incentives to all stakeholders in a democratic manner. Specifically, the majority (62%) of the tokens will go to the ecosystem. This includes participation in the protection of world heritage and cultural assets, as well as funding for equipment and repairs.
In addition, 14% of the tokens help the team drive marketing efforts. The same amount (14%) is used to develop the platform and its supporting services. The remaining 10% goes to TemDAO’s stakeholders, including the team, investors, prospective employees, and strategic partners.
TemDAO’s decentralized governance mechanism balances the utility of the tokens with the distribution of funds, preserving the history of the world.
Recent donations to projects for world heritage conservation
The TEM project team recently made donations to several organizations to support people and communities affected by world events. All of these donations were made from $TEM profits.
In particular, we have donated funds to help Ukraine after the Russian invasion in 2022; we made a donation for relief when an earthquake hit Turkey in February 2023; we made a donation to the TEM Foundation for the support of the TEM Foundation in the aftermath of the earthquake; and we made a donation to the TEM Foundation for the support of the TEM Foundation in the aftermath of the earthquake. Through this donation, he contributed to non-profit organizations and NGOs such as Save the Children and Binance Charity.
The mission of this project is to ensure the preservation and protection of the world’s heritage. In this context, donations represent a direct means of contributing to this goal. The project team is committed to ensuring that donations are put to good use.
About TemDAO
TemDAO is a DAO accelerator for the protection and development of world heritage. The project provides a large ecosystem of resources and support to fund, govern, and develop cultural properties around the world.
TemDAO employs a decentralized democratic governance system using $TEM tokens. This approach preserves and maintains world heritage sites through off-chain and on-chain voting processes, etc.
The team recently partner ofwith Giving Block, a popular name in the crypto-charity world, The Giving Block has gradually built a reputation as the platform of choice for non-profit organizations looking to accept cryptocurrency donations. This partnership is a great opportunity for TemDAO to accelerate its fundraising efforts and strengthen its mission of preserving the world’s precious heritage.
Recent donations from this project have been used to provide relief and support to communities affected by the global crisis. In doing so, TemDAO can ensure the preservation of world heritage for future generations.
TemDAO website and social media pages below provide more information about the platform, its features, and how it works.
Contact
Marketing Director
Kei Sugimura
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