Topic: [ANN][PHNX] Phoenix DAO: Digital Identity Reborn! - page 2. (Read 993 times)

PhoenixDAO Listed on ProBit Exchange!

What an incredible week it's turning out to be! Our latest announcement was thanks to ProBit Exchange for working with us. 

PhoenixDAO (PHNX) deposits now open!

Trading Pairs: $PHNX / $BTC
Deposits: NOW OPEN
Listing: July 28, 2020, 06:00 (UTC)

PhoenixDAO Staking Event in Partnership with Ferrum Network!




Thank you for so much support off the back of last week’s Ferrum Network partnership announcement, we at PhoenixDAO feel that the community is as excited as we all are.

We now bring to you an exciting part of our relationship with Ferrum Network — PhoenixDAO is to be the first project utilising the Unifyre staking platform!

TWO OPTIONS- MAXIMUM FLEXIBILITY — SHORT TIME-FRAMES — HUGE REWARDS!

As outlined in last week’s announcement we continue working extremely closely with the team at Ferrum Network to form a close alliance and with that bringing huge benefits to both of our projects and communities.

If you follow the PhoenixDAO social channels you may have picked up on some hints around what we’re currently building and this event is in fact a “HINT” with a difference…that’s all we can share at the moment but no doubt this gives you something to think about.

PHNX STAKING:

FLAME PLAN — 10%
Stake your preferred amount of PHNX for the total duration of the event — 3 months and receive the full 10% reward (40% APR). Early withdrawal feature available.

INFERNO PLAN — 15%
Stake your preferred amount of PHNX for the total duration of the event — 6 months and receive the full 15% reward (30% APR). Early withdrawal feature available.

For a number of reasons we are hyped to bring this event to our community — we believe it will strengthen our relationship with the Ferrum Network community, open opportunities for you all to earn PHNX for being a loyal holder, and at peak, we will see up to 4 million PHNX locked out of circulation, win-win-win.

COMING SOON

Full details on the staking event will be shared by the Unifyre team and we will also be sharing details for an AMA event Ferrum Network will be hosting for us so stay tuned.

Hint with a difference ;-), more exciting news coming soon!

https://medium.com/@PhoenixDAO/phoenixdao-staking-event-in-partnership-with-ferrum-network-80c597a249b1

PhoenixDAO partners with Ferrum Network & UniFyre Wallet!

Hello Community,

We’re extremely excited to share with you our latest partnership: Ferrum Network!

Partnership Details:

The teams at PhoenixDAO and Ferrum Network identified immediate synergies and the relationship couldn’t have started on a better footing. Ferrum, like us, sees huge potential for future growth of both projects as a result of this partnership.

The partnership will see a PHNX listed in Ferrums UniFyre wallet (details below), and Ferrum Network will be utilizing the PhoenixDAO identity protocol to improve the user experience in their forthcoming Sub-Zero Wallet (a cold storage app for your cryptocurrency).

The projects are discussing a deeper integration within the UniFyre Wallet, which we hope to announce soon.

To learn more about the partnership: https://medium.com/phoenixdao/hello-community-c082cf5f328a

What can we expect in the coming weeks?

Completing Our First Full Month: June Recap

As we are now in July let us share some of the successes from June, one month in, imagine what we can do once things really get going 🔥 -

https://medium.com/phoenixdao/completing-our-first-full-month-a3f845b42d40

PHNX Listed on CoinEx!

PhoenixDAO is extremely excited to announce that PHNX will be listed on CoinEx! The trading pairs will include PHNX/BTC and PHNX/USDT which be available for trading from June 29 (UTC). This will enable our US community to get involved without having the geographical restrictions some exchanges have placed. For the celebration of PHNX launch, CoinEx will hold the following events.



PHNX Services
1. Deposit: 3:00 June 28 (UTC)
2. Withdrawal: 3:00 July 10 (UTC)
3. Trading pairs: PHNX/BTC, PHNX/USDT
4. Opening method: Call Auction
    a. Call Auction
        8:00-8:50 June 29, 2020 (UTC)                               
        Orders can be placed and cancelled
        8:50-9:00 June 29, 2020 (UTC)
        Orders can be placed but cannot be cancelled
   b. Trading
        9:00 June 29, 2020 (UTC)

Event 1: Deposit to share 120,000 PHNX
Duration: 3:00 June 28 - 16:00 July 3, 2020 (UTC)
Rules:
During the event, CoinEx users with a net deposit of 3,000 PHNX are qualified for the ranking.
1. The top 250 users ranked by the deposit time can get a reward of 300 PHNX for each.
2. In addition, the top 20 users ranked by the deposit amount can ALSO get the following reward.
No.1: 9,000 PHNX
No.2: 7,000 PHNX
No.3: 5,000 PHNX
No.4 - No.10: Equally share 13,000 PHNX
No.11 - No.20: Equally share 11,000 PHNX

Event 2: Trade to share 80,000 PHNX
Duration: 9:00 June 29 - 16:00 July 4, 2020 (UTC)
Rules: During the event, CoinEx users with a net buy (buy - sell) of more than 5,000 PHNX can participate in the ranking and grab a share of 80,000 PHNX (see below).
No.1: 30,000 PHNX
No.2: 20,000 PHNX
No.3: 10,000 PHNX
No.4 - No.10: Equally share 20,000 PHNX

Event 3: Share the poster to share 50,000 PHNX
Duration: 3:00 June 28 — 16:00 July 4, 2020 (UTC)
Rules: During the event, CoinEx users who complete the following steps are qualified to share 50,000 PHNX equally once approved by CoinEx.
a. Download the poster and save it to your mobile phone album.
b. Share the poster to your Moments, Weibo mentioning CoinEx or a friend, Facebook, Twitter or a WeChat group with more than 300 people.
c. Take a screenshot of your sharing.
d. Scan the QR code on the poster, and complete the form by submitting your CoinEx account as well as a screenshot of sharing.



Notes:
1. Net Deposit= Deposit - Withdrawal; Net Buy= Buy - Sell.
2. During the event, should any cheating behavior be found, the user will be disqualified.
3. The sub-account is not allowed to participate as an independent account, and the deposit amount of sub-accounts and leveraged accounts is also calculated into the main account.
4. Each account enjoys the rewards only once.
5. Inter-user transfer is not included in the deposit amount.
6. Withdrawal will be suspended during the event and resumed after its end.
7. Reward distribution: Event rewards will be issued within 2 weeks after the event.
8. CoinEx reserves the right of final explanation for this event.

Good luck on the project Phoenix team!

Welcome the first PhoenixDAO Country Ambassadors!

Please give a warm welcome to our first 4 Country Ambassadors! To learn more about the new ambassadors, read their introductions at:

https://medium.com/@PhoenixDAO/phoenixdao-ambassadors-share-a-little-bit-about-themselves-23fea74092b3

We are actively looking to expand our passionate teams so if you would like the opportunity to become part of PhoenixDAO please apply here - https://forms.gle/m2DTuTFSZ6wnVQLo7

PhoenixDAO AMA - Bittrex Global Transcript

Thanks to everyone who participated in our first ever AMA with Bittrex Global, featuring our partner Numio! We felt it would be a shame not to share this for anyone who didn’t get a chance to be involved! See if you can spot the spoiler alert

AMA Transcript: Bittrex Global-PhoenixDAO AMA

great job team, listed on bittrex known as a good exchange and now people can see this alt on coinmarketcap
but, i see the volume is very low,  maybe people still don't really know about this project

CoinMarketCap Listing!

You can now track PHNX on CoinMarketCap! Although common knowledge that three exchanges are required for calculating particular sets of data. Watch this space for more updates!

PHNX CoinMarketCap Link: https://coinmarketcap.com/currencies/phoenixdao/

The PHNX token is live on Uniswap! Users can now trade or even earn more PHNX with Uniswap. To learn how to add liquidity to the PHNX pool, follow these simple steps:

https://medium.com/phoenixdao/the-phnx-token-is-now-live-on-uniswap-trade-or-even-earn-with-these-simple-steps-e22a206e590d

Direct link to Uniswap/PHNX trading pair: PHNX Pair

We're Growing! PhoenixDAO: 'Country Ambassadors'



We’re extremely excited to be sharing the news that we are growing! The PhoenixDAO ‘Country Ambassador’ positions have started being filled and we are excited to see how the team continues to grow!

As you know over the last several months we have been building the ‘PhoenixDAO’ project, every decision made has been carefully considered to factor in a number of imperatives including sustainability, success, transparency, and the importantly the community.
A high priority has been putting the infrastructure in place to ensure PhoenixDAO quickly becomes an exciting and well-established project within the crypto/blockchain space.

The core team began work quite early on in setting out the Country Ambassador roles and began reaching out to potential candidates pre-launch, this meant that we are now very early on in a position to be growing the team.

Reaching our decision

The core team all had their own ideas on what these roles should entail but after long discussions and market research we came to a joint decision. For full transparency one of the most difficult areas that has been carefully discussed is payments. Whilst the role itself carries a lot of similarities per country it was debated as to whether the roles within each country should carry a fixed PHNX payment or we should we look to vary the payment amount per country.

After careful market research we concluded that the role payment would vary per country, whilst not exhaustive a number of factors in coming to this conclusion included, cost of living, comparisons of similar roles within each country and our expectations on how the PHNX token will perform over the coming months/years. If you feel like any of the decisions being made at this stage are not the best move for the project, please bear in mind that once the DAO is fully functioning it will be the communities responsibility to decide roles such as the country ambassadors and what these roles entail can be part of that.

The best part is that we have successfully on-boarded five-country ambassadors covering the following continents; Asia, Europe, Australia, Africa. You will begin to see them appearing within the community and PhoenixDAO publications over the coming weeks/months.

If you would like to apply to be a PHNX Country Ambassador then fill out this form — https://forms.gle/dFCEVZ9xcKixT2rf9

Hi @krisnajsadrak. The PHNX airdrop has been completed. Bittrex distributed PHNX tokens to all HYDRO holders who qualified for the airdrop on the 28th of May. 22 million PHNX out of the planned 44 million tokens were airdropped. The Phoenix team are currently strategising ways for unclaimed PHNX to reach the hands of our community. These may include; promos, earning rewards or other initiatives. Be sure to follow PhoenixDao on twitter for more updates! https://twitter.com/phnxdao

so, if i buy hydro now,, i didn't qualifies to receieve the phoenix airdrop ?
as you said above HYDRO "tokens must be on a Bittrex Global wallet on or before May 28th"

First Look: Building the DAO

Building the DAO

The first item on the PhoenixDAO 2020 road-map is the development of the DAO user interface. This will be the dashboard where PHNX holders can login to view and interact with anything and everything in the DAO ecosystem including:

- Reading about proposals on development or marketing
- Participating in voting on proposals
- Viewing PHNX token transaction history of the DAO and the foundation
- Tracking progress of active projects
- Verifying voting results
- Checking user DAO rewards gained from participation

The mock up designs for this DAO application have been completed and we wanted to share a quick walk-thru of it’s features as front-end react development starts to get underway this week.

Proposals



On this screen users will be able to view all community proposals. Clicking on a proposal will open up that proposal for community members to read the full proposal. Members can also submit a proposal from this screen. Application questions will follow and answers will be read by the community after submission to determine if they will bring it to a vote.



Members can up-vote proposals if they want the proposal to be assigned a voting date. A minimum number of up-votes will be required to pass a proposal on to the voting stage.

Votes



Community members will be able to see proposals here which are active for votes on voting day. Future voting dates for proposals will also be listed here, as well as past votes.

Active Projects



Members will be able to track the progress of current active projects which the community voted for here. Clicking on a project will allow members to view current milestone progress with notes and screen shots of the code and/or design build in process.



Rewards



In this tab the DAO community will be able to view the rewards they have gained for participation in each vote or other community campaigns to reward participation.
Rewards will be distributed over a 24 month period with most of the rewards given out in the first 12 months.



Timeline

As you can see designs for the DAO interface have been completed and community developers are currently moving into front-end and back-end development, as well as smart contract creation to power this software.

Track the progress of the build on our github: https://github.com/PhoenixDAO/dao-dashboard

Or join the growing developer community and sign up to take part in the Phoenix DAO build and future dApp builds, including the Phoenix dApp Store here:
https://forms.gle/w1LtP2RZShTsB89j8

PhoenixDAO reaches professional agreement with Numio

We are pleased to announce that PhoenixDAO has now entered into a professional agreement with Numio!

The agreement covers three main aspects.

First it will see Numio adding the PHNX token to their apps, not just as a payment option but to add utility to the PHNX token. These are:

- Fee reductions on Pay when using PHNX for both Point Of Sale (PoS) transactions and Peer to Peer (P2P) payments
- Trading fee reductions on Vault when using PHNX
- VaultPRO subscription discounts for paying in PHNX
- PHNX staking





The second aspect covers integration of both Numio Pay and Numio Vault open APIs into the DAO software structure. Numio Pay will be used for blockchain based 2FA sign-ins into the DAO software as well as identity verifications for voting. Numio has granted a license to PhoenixDAO to white label Numio Vault for adding multi-sig technology to secure the DAO funds and DAO rewards.

The third part of the agreement will see the Numio team providing comprehensive consulting assistance to the Phoenix team as we build out our extensive ecosystem. The experience of the Numio team in working as a decentralized unit, and developing protocols, dApps and dApp Stores, will be a huge benefit as Phoenix moves towards launching the DAO.

About Numio

Numio are a technology company who create simple but powerful identity linked blockchain payments apps and cryptocurrency asset storage solutions.

To find more about Numio:
Website: https://Numio.one
Twitter: https://twitter.com/GetNumio

Community Relaunch Hydro Ecosystem as PhoenixDAO to bring True Decentralization
A select number of longstanding Hydro community members have teamed together and would like to announce the creation of PhoenixDAO, a truly open-source and decentralized project built to realise the original ethos of Project Hydro.

Background

The Hydrogen Technology Corporation created Hydro in 2018 as an open-source project and core component of their Molecule Platform. The promised ‘future of the web 3.0’ was very convincing and a huge number of people bought into this concept of community built, open-source protocols, working hand in hand with proprietary fintech technology.

Hydrogen’s initial decentralization plan included an HCDP program paying developers in tokens to build on the Hydro protocols and to create a digital identity-driven dApp Store, with a Decentralized Ambassador program to oversee it. However, a number of factors including Hydrogen’s majority ownership of the supply, legal ramifications in the US, and the core developers leaving the project abruptly created many obstacles in achieving this vision.
When Hydrogen and its core team were no longer building on the project in early 2019, Hydro Labs, a new company formed by community members, began building out products using the Hydro protocols and finishing development of the Hydro dApp Store (under a services agreement deal made with Hydrogen).
Along with community developers, the Hydro Labs team expanded the digital identity-driven Hydro ecosystem and released the first non-custodial mobile wallet app enabling gas-less transactions on Ethereum. However, as the 1 year services agreement with Hydrogen expired, Hydro Labs closed its doors due to market conditions and other limiting factors within the original design of the Hydro ecosystem.

Elsewhere within the community, the Phoenix DAO foundation was launched by Hydro community members to correct the missteps of Hydrogen’s initial attempt at creating a decentralized financial ecosystem. These missteps included community and investor gripes of Hydrogen owning over 60% of the token supply, the lack of a decentralized governance plan, a vague token distribution plan, and no plan in place to prevent core developers from dumping on the market.
Coupled with a very high token supply in a declining crypto market driving the HYDRO token to around five sats, the community felt the need to form a foundation to truly decentralize control of the project they built.
Rising from the Flames — PhoenixDAO

The Phoenix DAO foundation is launching a new token (PHNX) that solves the centralized issues at the core of the original Hydro project with a community built DAO, a healthier token distribution plan with built-in smart contracts, added use cases, and an updated token supply.
The PHNX ecosystem includes the following protocols:

Identity: Phoenix Identity
Powered by ERC-1484, this protocol creates digital identities and allows for dApps, apps, and APIs to be developed on top with an interoperable identity layer.

Token usage:

- Organizations requesting a user’s identity information must pay the user in PHNX.
- Allows for dApps to be built on any vertical with an identity layer and enables them to utilize PHNX.
 

Authentication: Phoenix Authentication
Blockchain based two-factor authentication for consumers and business use cases.

Token usage:

- Micro-transaction of PHNX for authenticating an action.


Payments: Phoenix Payments
Smart contracts to facilitate payments without a 3rd party escrow service.

Token usage:

- As currency for payments, loans, interest in PHNX.


Storage: Phoenix Storage
File storage smart contracts built on IPFS.

Token usage:

- Fees for file storage paid in PHNX.


Tokenization: Phoenix Tokenization
Compliant tokenization of any physical or digital asset on-chain using Phoenix Identity and Authentication protocols.

Token usage:

- Enables for dividend payments to security token holders in PHNX.
- Interest payments in PHNX.
- Use legal contracts from Phoenix Storage to be approved.
- On-chain approval from Phoenix Identity for KYC/AML users.


Phoenix dApp Store & Events Marketplace



1. Decentralized hub for digital identity based dApps.

2. Events Marketplace allows event attendees to secure tickets with crypto and verify authenticity of peer to peer ticket transfers via Phoenix Identity protocol.

3. A developer can build an application and submit it to the store from anywhere in the world.

4. These dApp proposals will be accepted and voted on by the Phoenix DAO before being built and added to the store.

5. Growing set of developer tools and resources for devs to have all the tools they need to build their first, second or third dApp.

Phoenix dApp Store Token usage:

- 2% of all dApp store sales will be sent to the DAO smart contracts for use in expanding the ecosystem through dApp development and future initiatives.
- dApp sales will be priced in PHNX. Option to trade any ERC20 for PHNX instantly.
- Owners of dApps can charge users additional fees in PHNX, and 2% of the sales of these transactions go to the DAO smart contracts.
- All DAO funded flagship dApp sales will be used for ecosystem expansion.

Events dApp Token usage:

- Buy, sell, and gift event tickets, which are purchased in PHNX.
- Early access on purchasing tickets can be given to PHNX token holders.
- Expected Product Usage


Phoenix Airdrop

The PHNX token will begin trading on the Bittrex Global exchange on May 28th, 2020. All Hydro token holders are able to receive PHNX tokens at a rate of 1:100 if they complete KYC on Bittrex Global before the launch date. The rate is due to the ~100x less total supply of PHNX tokens vs HYDRO.
Bittrex Global will conduct the airdrop so HYDRO tokens must be on a Bittrex Global wallet on or before May 28th.



Initial Token Distribution



Token totals:

Foundation: 33,000,000
DAO rewards: 16,500,000
DAO fund: 16,500,000
HYDRO holders: 44,000,000
Total Supply: 110,000,000

Phoenix DAO Fund

Self-sustaining governance over the ecosystem.

Tokens allocated: 16,500,000 PHNX

Token usage:

1,000 staked PHNX required for voting rights in the DAO.
10,000 staked PHNX to create a proposal.
Voting to include changes to governance structure, leaders, protocol proposals, marketing proposals, listing proposals, funding/rewarding people for participation within the ecosystem.



1. All spending will be voted on by the DAO and every PHNX spent posted on our running budget page.

2. The Phoenix DAO does not rely on donations; it is self-sustaining through the Phoenix dApp Store.

3. By participating in governance, you can earn PHNX.

4. Open framework for participation, and enables anyone around the globe to push the ecosystem forward.

5. By staking your PHNX into the contracts, you are able to earn rewards.


Staking/Voting Rewards

Tokens allocated: 16,500,000 PHNX

By participating in the Phoenix DAO, you are able to receive a reward in PHNX tokens.

In this chart we show how the tokens will be distributed to participants during this period of time once the DAO is operational. After 24 months, the tokens that have been generated from the dApp Store will be used for future incentivization.



Future Foundation/DAO Initiatives

Tokens allocated: 16,500,000 PHNX

This includes making proposals to the DAO/community about marketing, protocol development, dApp development, donation initiatives, grants, or just looking to support community members or corporations who are actively contributing to the ecosystem.



Phoenix Loans program would give out micro-loans to jumpstart credit in unbanked areas. Loans will be paid back in PHNX tokens with low interest for approved borrowers through their DeFi-ID score. Current PHNX wallet holders may also stake tokens into this program.
These initiatives will also be used to keep the foundation funded past full token distribution.

Current HYDRO Token Holders

Tokens allocated: 44,000,000 PHNX

All HYDRO wallet owners who complete KYC on Bittrex Global will be eligible to receive the airdrop of 1 PHNX per 100 HYDRO tokens credited by Bittrex Global to HYDRO wallets on the exchange.
All tokens that are not collected will be sent to the foundation for ecosystem development and future initiatives.

Protocol and Phoenix dApp Store Development:

Tokens Allocated: 33,000,000 PHNX

This involves expanding on the current Phoenix protocols to improve contracts relating to authentication, identity, storage, tokenization, and payments.
Developers will be on-boarded to create various dApps needed by decentralized services.
Five flagship dApps voted on by Foundation Founders to replace current centralized apps; such as the Events dApp created to replace Ticketmaster. The foundation/DAO will use funds from these dApps to continue operations into the future. The foundation/DAO will also take a 2% fee on all dApp sales through a smart contract which is developed, as outlined in the white paper.
Future dApp proposals will be accepted and voted on by the Phoenix DAO before being added to the list.
Partnerships will be set up with blockchain developer training groups and blockchain initiatives all around the world to expand the developer ecosystem.
There will be an option on the dApp Store to convert any ERC-20 into PHNX for use on the dApp store (Uniswap/Totle).


Foundation Funds Breakdown

Foundation funds will be secured in multisig wallets and smart contracts to release tokens on a staggered schedule to prevent market saturation.

Total allocated: 33,000,000
Product Development and Partnerships: 16,500,000
Foundation Development Funds: 16,500,000
Foundation Core Team: 5,000,000
Immediate Release: 3,833,333
Released after 6 months: 3,833,333
Released after 12 months: 3,833,333

Foundation Core team:
5 total core team members:
- Global Communications Director
- Global Blockchain Director
- Global Marketing Director
- Global Partnerships Director
- Global Initiative Director

1,000,000 tokens locked in a smart contract for each core team member, of which 350,000 tokens are released initially, and then subsequent bi-monthly payments of 72,222.22, there are strict guidelines in place signed by all team members on selling of any tokens. Foundation core team can vote to remove/replace or adjust token allotment of any other team member with a majority vote.

The community can also vote in new leadership with a 60% majority vote.


Conclusion:

Over the past two years the community has been building and developing a robust blockchain ecosystem that has never been given the opportunity to reach its full potential. The creation of the Phoenix DAO finally removes the shackles and gives the world the chance to freely develop and build on the project on their own terms.
PhoenixDAO is a truly decentralized, open-source project that covers identity, payments, tokenization, authentication, and storage, alongside a dApp Store which sits at the heart of the Phoenix ecosystem. A core part of the PhoenixDAO strategy is to actively on-board both individual developers and enterprise level corporations to build using the protocols to power their products. This will enhance decentralization, token utility and the overall ecosystem.
Ecosystem builders and the community will find benefits across the board from this fork as we launch with a true sense of decentralization and community control backed by an extremely passionate, talented team and solid network of partnerships.

Exchanges:

Bittrex: https://global.bittrex.com/Market/Index?MarketName=BTC-PHNX

Token Address: 0x38A2fDc11f526Ddd5a607C1F251C065f40fBF2f7

White Paper: https://github.com/PhoenixDAO/PhoenixDAO-docs/blob/master/PhoenixDAO_White_Paper_V1.1%20.pdf.pdf

Please join us:

Telegram: https://t.me/PHNXDAO
Twitter: https://twitter.com/phnxdao
Facebook: https://www.facebook.com/Phoenix-DAO-110119317367230
Reddit: https://www.reddit.com/r/PhoenixProtocol/
Instagram: https://www.instagram.com/phoenixdao_/
Medium: https://medium.com/@PhoenixDAO