Press release
PRESS RELEASE. Tokyo, Japan, April 11, 2023, Chainwire. TemDAO is a world heritage project that seeks to protect and preserve cultural assets through donations and democracy. The project, powered by the $TEM token, ensures the long-term sustainability of global cultural sites.
Recently, TemDAO has made significant donations to conservation efforts in Ukraine, Turkey, and other regions of the world. These actions aim to help communities preserve their existence and their world heritage.
The team stresses the importance of recognizing the importance of preserving the world’s shared cultural history. TemDAO aims to positively impact the global culture through its unique strategy and solutions.
The team’s strategy for the protection of world heritage and cultural property
TemDAO has an innovative strategy to protect world heritage and cultural assets. The project aims to empower individuals and organizations to stimulate projects that preserve these important resources.
As a current initiative, the TemDAO team is working with Ninna-ji Temple, one of the temples in Kyoto, Japan.
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 the temple through donations.
The project is based on transparent transactions in which all expenses are recorded on-chain, making corruption impossible and making it possible to offer special benefits to collaborators who agree with its objectives.
The proposed utility is the right to stay in a special part of the temple. That room has important historical significance, where an ancient emperor used to live. Wouldn’t it be historic to be able to stay in the same room and experience the same sensations?
TemDAO is exploring the possibility of connecting the world of Buddhism at Ninna-ji Temple with the reality of its DAO to achieve sustainable protection and restoration of Ninna-ji Temple.
A system powered by democracy and the $TEM token
TemDAO is a platform that uses blockchain technology to facilitate the protection and maintenance of world heritage sites. It features two forms of democratic governance: off-chain voting, known as “soft” governance, and on-chain voting.
The $TEM token serves as fuel for this system, with multiple use cases:
- Allows holders to lock $TEM. The operation allows the community to govern the fundraising proposals and decide the allocation of funds.
- Allows the community to pay commission fees for IP-NFT trading.
- Stake $TEM creates a pool for fundraising and project reviews.
- Depositing $TEM allows users to become nodes reviewing projects while deterring cheating.
The distribution of the $TEM token aims to provide incentives for all stakeholders in a democratic manner. Specifically, most of the tokens (62%) go to the ecosystem. This includes participants in the protection of World Heritage or cultural property and funds for equipment and repairs.
Additionally, 14% of the tokens help the team boost their marketing efforts. The same amount (14%) is allocated to the development of the platform and its support services. The remaining 10% is held by TemDAO stakeholders such as the team, investors, potential employees, and strategic partners.
TemDAO’s decentralized governance mechanism preserves world history by balancing token utility and fund allocation.
Recent donations from the World Heritage Preservation Project
The TEM project team has recently donated to various organizations to support individuals and communities affected by global events. All of these donations were made from the proceeds of $TEM.
In particular, they have donated funds to help Ukraine after the 2022 Russian invasion. The team donated to relief efforts after an earthquake struck Turkey in February 2023. The team has contributed to nonprofits and organizations non-governmental organizations such as “Save the Children”, “Binance Charity”, and others through these donations.
The mission of the project is to ensure that world heritage is preserved and protected. In such a context, donations represent a direct way of contributing to this goal. The project team is committed to ensuring that your donations are used correctly.
About TemDAO
TemDAO is a DAO accelerator for world heritage protection and development. The project provides a large ecosystem of resources and support to finance, govern and develop cultural properties around the world.
TemDAO uses a democratic and decentralized governance system powered by the $TEM token. This approach preserves and maintains world heritage sites through on-chain and off-chain voting processes and more.
The team recently associated with Giving Block, a popular name in the world of crypto charities. The Giving Block has gradually built a reputation as the go-to platform for nonprofits looking to accept cryptocurrency donations. This partnership is a great opportunity for TemDAO to enhance its mission to protect valuable world heritage sites and accelerate its fundraising efforts.
Recent donations from the project go in the same direction, providing relief and support to communities affected by global crises. By doing so, TemDAO ensures the preservation of the world’s heritage for future generations.
TemDAO website and the 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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