Oasis Foundation Awards Grant to Daosis for Decentralized Launchpad on Sapphire
The grant enables Daosis to develop a launchpad, token minter, and DAO governance tools, accelerating dApp growth on the Sapphire runtime.
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- Daosis is building a decentralized incubator and launchpad on Sapphire.
- Daosis will also offer DAO governance and funding smart contracts.
- Daosis uniquely leverages the confidentiality and scalability of Oasis for several key features.
- Daosis announced its testnet launch on October 21.
The Oasis Foundation is excited to announce a grant awarded to Daosis to develop a decentralized launchpad and DAO governance tools on the Oasis Network. This collaboration will provide a vital platform for new and existing dApps to launch and grow within the Oasis ecosystem. By providing developers with essential tools and promoting community engagement, Daosis will play a key role in accelerating ecosystem application growth. Earlier this week, Daosis launched its testnet.
Daosis was founded in early 2024 with the goal of simplifying the launch process for new projects in the Oasis ecosystem. By implementing DAO governance and funding smart contracts, Daosis enables community participation in project decision-making and funding so the Oasis ecosystem can decide for themselves which sort of DApps they want to use. As part of their launchpad, Daosis will offer tooling and support such as the integration of a token minter, liquidity support through mini IDOs, and fast-track IDOs will streamline the launch process for new DeFi projects.As the first launchpad on the Sapphire runtime, Daosis is taking a bold step as a "first mover" and positioning itself as a foundational part of the Oasis ecosystem.
This initiative will not only bring a broader range of dApps to the Oasis Network but also boost the adoption of privacy-focused DeFi on Sapphire. Daosis also utilizes the confidentiality features of Sapphire to keep governance votes private and eliminate groupthink bias or third-party influence. Additionally, Daosis leverages Sapphire's confidentiality features for project launch allocations. This is implemented through a sealed bid auction system that distributes remaining tokens to the community for each project. The process ensures fairness for all participants while remaining resistant to manipulation and botting attempts.Learn more about Daosis with these resources:
