TEMDAO Coin Review : Is It Good Or Bad Coin Read Our Article

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About TEMDAO Coin

TEMDAO Coin current World Heritage and Cultural Assets protection models carry severe limitations and inefficiencies at the cost of those who should be the core stakeholders: tourists, locals that are related to the sites, and researchers of culture, history and architecture. They propose a novel organizational structure to address these challenges. TemDAO is a decentralized membership collective funding World Heritage and Cultural Assets protection and development.

Its mission is to advancing world heritage protection and development in an open and democratic manner. TemDAO will own the intellectual property assets that result from the projects it supports, and members of TemDAO govern the structure and its decision-making processes. Members can join TemDAO by purchasing TEM tokens or earning them through contributions of work or intellectual property.

TEMDAO Coin Point Table

Coin BasicInformation
Coin NameTEMDAO Coin
Short NameTEM
Circulating Supply100,000,000,000 TEM
Max Supply500,000,000,000
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Holding and Managing IP as NFTs

In order to manage the ownership of intellectual property (IP) rights, a new method called the intellectual property NFT (IP-NFT) uses distributed ledger technology (DLT). The IP-NFT is to make it possible to invest, own, and transact on IP in a free and open market while protecting the confidentiality of non-registered IP and its potential for IP protection.

Intellectual property (IP) includes not only filed or pending patents but also pre-patent intellectual products, data sets, or agreements pertaining to the administration of research projects and their associated outputs.

Solution

TemDAO aims to build a one-stop platform for World Heritage and Cultural Assets protection. To achieve the objectives, they introduce several technical and mechanisms, such as the data storage and transfer system, reputation system and behavior incentive mechanism.

They hope World Heritage Conservation projects around the world will have enough resources to run successfully for the sake of humans; individuals and organizations can have enough motivation to support the operation of those projects, as well.

Crowdfunding platform

The crowdfunding platform is the essential part of TemDAO ecosystem. It provides fair and transparent fundraising to the worldwide teams to help them spearhead decentralized world heritage and cultural assets conservation and make their mark on human history. The grants will be distributed through quadratic funding to ensure fairness and empower small-size individuals.

And the grants are for teams with all backgrounds, offering them the opportunity to conduct values-aligned work sustainably. As a public good, this tend to be the ecosystem that all projects can rely on. To achieve that, TemDAO will be permissionless, and fundamentally modular so that anyone can join in and pick the most suitable way, empowering communities to build together.

Project operation supervision and audit platform

World heritage and cultural assets protection evaluation is a necessary and essential quality control step for heritage projects. The project operation supervision and audit platform aims to deal with the high cost in time investment and human resources because of the lack of relevant experts and fair mechanisms.

They propose a blockchain-based incentive mechanism that rewards specialists also for their contributions to other heritage conservation projects and that builds up a reputational system to ensure the reliability.

Why Choose TEMDAO Coin?

Ninna-ji Temple

Founded in 888 by the 59th Emperor Uda, Ninna-ji Temple has had imperial sons and grandsons serving as its chief priests for the past 1,000 years. The temple was a place where aristocrats and famous poets gathered and often held waka poetry festivals, forming a large salon that came to be known as the Ninna-ji Temple Culture.

The Shorin-an, a former house that was moved to the grounds of the historic Ninna-ji Temple, is used as a lodging facility, where visitors can experience the special court culture of gagaku and bugaku, waka poetry, sutra copying, shuho, and juni-hitoe (12-layered kimono).

Funding

The conservation and protection of World Heritage sites wouldn’t be possible without the financial resources to meet World Heritage needs. However, the only source of income is the World Heritage Fund, which receives most of its income from mandatory and voluntary contributions from countries (States Parties). The funding is very tight and the world heritage sites have to take the initiative in submitting applications to UNESCO, which are then approved after an examination. This makes the process of obtaining funding for the sites lengthy and inefficient.

Development

World Heritage represents the pinnacle of creativity in human history, presenting unique cultures that have disappeared, and natural heritage has the most important and remarkable diversity of biological and natural ecological habitats. The cultural values behind them are often underutilized. TemDAO integrates blockchain technology with the culture IP, organizing DAO members for relevant project proposals and issuance, to expand the heritage to a greater influence.

Centralization

The World Heritage Committee is dominated by a small number of States Parties, and Italy has used its longstanding presence on the Committee to nominate a large number of sites in the country for World Heritage status. For small countries, the preservation of World Heritage sites may face financial barriers, which can be burdensome for small countries with modest financial resources, as well as a lack of people with a deep understanding of the country’s heritage values.

Where Can You Buy TEMDAO Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On KuCoin, As It Has The Highest TEM/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include TEM/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

TEMDAO Coin market screenshot

TEMDAO Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support TEMDAO Coin. Here Is Example Of Wallet Which TEMDAO Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of TEMDAO Coin

Where I Can Find TEMDAO Coin Whitepaper?

You Can Find TEMDAO Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – KuCoin.

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is 100,000,000,000 TEM.

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