"Decentralization isn't just a technology trend, it's a social evolution." - Naval Ravikant
In the world of Web3, DAOs are becoming standard across native projects, with over 80% of Web3 initiatives opting to build or planning to build their DAOs. Decentralized governance, even under core team control, embodies collective empowerment and the path to freedom. However, in this process, rapid identification of suitable DAO contributors and aligning DAO users/investors with fitting opportunities is critical. Efficiently discovering the depth of DAOs and users in this journey requires robust tools and data.
"Reputation is the shadow. Character is the tree."
Building upon our established reputation framework encompassing various dimensions of DAO evaluation, today we introduce DAOBadgeX. Created by DAOBase and designed by Daniel Aguilar (@protozoo), DAOBadgeX is a pioneering on-chain reputation system tailored for Web3 governance users. It functions as a dynamic NFT that evolves automatically based on your DAO engagement, covering basic information, DAOs, voting power, proposals, votes, and delegations. This marks the first DID and on-chain reputation system designed specifically for DAO governance users, offering the most straightforward way to understand who you are through data. We may not have met you, but your past experiences are telling your story and defining who you are.
https://docs.daobase.ai/~gitbook/image?url=https%3A%2F%2Flh7-us.googleusercontent.com%2Fdocsz%2FAD_4nXeJHA-jILDS1kB_CBuP55QdRrOTUdX9hNc1fXnFoCDTH6ETuJNV7g_P48TE0Ojh_9r2fM8l8dp-dn2yjYULFGguQGW2lSmly9j_OVhvNeGiEyW2PQgKfEXGSp-pHLetn3hLhVGJokIhgB9OK72uKfi2XTGA%3Fkey%3DHFvf6Coq1Ip5Ss4CWvTQuA&width=768&dpr=4&quality=100&sign=e4c284ca&sv=1
DAOBase is a comprehensive data platform focused on DAOs, covering 7 blockchains, over 160,000 DAOs, and 6 million voters, making it the largest DAO database. It aggregates governance frameworks, providing extensive DAO data and recording user activities. The platform assigns users’ on-chain reputation scores and awards DAO badges based on:
https://docs.daobase.ai/~gitbook/image?url=https%3A%2F%2Flh7-us.googleusercontent.com%2Fdocsz%2FAD_4nXfE0EzZcJy325U5RgK43F0hVkKMHZDbi4cLwXceLz0d34ieAt91Q9EY8cViCsbocVgS1_HxE0JFNDQPf695i46h6PlqLBSP4ytZG3PDaNvs3ZOcDwDQ7Xs5SQymOOPRJsnIy7GRT1Yu7HTppZE55tuUe3zA%3Fkey%3DHFvf6Coq1Ip5Ss4CWvTQuA&width=768&dpr=4&quality=100&sign=c0bacbfb&sv=1
All data will be calculated and its embody will be stored on the blockchain for transparency and immutability. DAO badges reflect users' on-chain reputation, growing with active participation, and signify contributions and influence within the community. Higher scores may lead to benefits like airdrops and other privileges, encouraging users to support DAO growth.
https://docs.daobase.ai/~gitbook/image?url=https%3A%2F%2Flh7-us.googleusercontent.com%2Fdocsz%2FAD_4nXeib8MLvPc688G86e_ZnrjpGEN330k_DYbfgcaMTfUPQXBIJSrb8BIVHGdWxohgnu4EsZ2yDsB0qB4lBqAs3wLofu0gBm-BVZ2GE2xdOe0O9P5vxmM-Ce0qQ1LnIOtKwfyx1nhH0_alWQslqkseRtQZhs9E%3Fkey%3DHFvf6Coq1Ip5Ss4CWvTQuA&width=768&dpr=4&quality=100&sign=234a1d32&sv=1
A user's DAO on-chain reputation score is determined mainly by their contributions across six modules: Basic Information, Related DAOs, Votes, Proposals, Delegations, and Voting Power Valuation. We use a weighted ranking method to calculate the normalized score for each module and the CRITIC algorithm to determine the weights of each module, combining the scores and weights to derive the final governance score.
Specific Steps: