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Solana DAOs Joins Hands With Notifi Network To Raise Governance Participation

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  • Solana Realms DAO and Notifi Network have joined forces to assist in increasing governance participation rates by extending their notification facilities.
  • As per Paul Kim, founder of Notifi, they aim to promote communities to make them more active.
  • Software Engineer of Solana Labs DAO agrees on the fact that, notification facilities are at present not pulling their weight.

You’re Never Gonna Miss The Governance Vote

Now, folks will not have a chance to miss any governance vote the DAO sends a message or calls to badger your vote.

Notifi Network is banking on the notion to assist in improving abysmal participation rates in governance. Releasing with Solana DAO, it integrates well liked centralized methods utilized by Web3 community like Discord and Telegram pings with more conventional, and hard to ignore notifications such as phone calls, emails and messages.

Supported by cryptocurrency venture capital organizations Hashed and Race Capital, Notifi implemented its notification facility to all DAOs that release on Solana Realms DAO.

You Acquired The Token, Why Not Utilize Them?

Paul Kim, founder of Notifi stated that their vision is simple, they desire to promote communities to become more active. If folks are acquiring tokens, they should utilize them too.

As it stands, chat rooms on Discord and Telegram are amongst the most usual ways DAO participants stay in touch with project. However, he thinks that this approach is not enough as he stated that, majority of users keep their cryptocurrency chats on mute because of escalated message volume.

This makes it tough for users to know when latest proposals were made in time to give a vote.

Kim believes in flipping the scenario of lesser participation by enabling DAO participants on Realms to choose several ways they can get notified in case a governance proposal is issued.

These notifications may initiate with Discord or Telegram direct messages, but Kim stated that they can be elevated to phone call, emails and texts, if they don’t respond during first time.

Although, SMS, email and specifically phone calls are not usual modes of comms in Web3 universe. He thinks they must act as an essential function for DAOs.

It is a crystal issue with voter participation on Solana DAOs. As per a data tracer, Solana’s top 3 DAOs — Serum (SRM), UXDProtocol (UXP), and Mango DAO (MNGO) — are active members.

There are total of 500 DAOs on Realms with a joint treasury cost of $1.5 Billion as per Kim.

As of now, Realms is currently a proving ground to determine if his solution can allow folks to step away from their keyboard.

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