Here is the updated announcement with the correct Twitter links integrated for the council members:
ProductShare DAO: The Journey to Full Decentralization
We are thrilled to announce a pivotal milestone in our journey: ProductShare is now fully operational as a Decentralized Autonomous Organization (DAO)! The Governance Council has been formed, StakeShare (PSS) tokens have been issued, and the platform has officially transitioned into the hands of its community.
The Formation of Our Council
At the heart of ProductShare DAO is its council, composed of individuals and initiatives representing diverse stakeholder groups. The council ensures governance is equitable and effective.
Council Members and Their Affiliations:
- Michael Natanzon (Twitter) – Abundance DAO (Public Goods)
- KoH HandProtocol (Twitter) – HandProtocol (Public Goods)
- Alex Michelsen (Twitter) – Hedgey Finance (Public Goods)
- Sandra Ponce De Leon (Twitter) – ReFi Tulum (Public Goods)
- Jimi Cohen (Twitter) – Treegens DAO (Public Goods)
- Anton Polski (Twitter) – Co-creators
- Bill Nolan – Co-creators (Social link unavailable)
- Iwaki Hiroto – Co-creators (Social link unavailable)
- Jose Herrera – Co-creators (Social link unavailable)
- Navid Dehghani – Co-creators (Social link unavailable)
- Theresa Taljard – Co-creators (Social link unavailable)
These individuals bring expertise in decentralized governance, blockchain technology, and community building, ensuring ProductShare remains a pioneer in ethical e-commerce.
Tokenomics and Financial Outlook
ProductShare’s governance model is underpinned by its commitment to equality and sustainability. Here’s what you need to know:
- Total Token Supply: 333 million StakeShare (PSS) tokens over 10 years.
- Current Year Distribution: 33 million tokens are outstanding, split evenly across Co-creators, Public Goods, and Customer Circle stakeholders.
- Staking Rewards: 100 million tokens will be distributed over 111 months, with monthly emissions beginning after the liquidity launch.
The balance between Co-creators and Public Goods symbolizes the DAO's ethos of shared governance and purpose.
Expanding the Public Goods Program
The Public Goods Program is core to our mission of leveraging commerce for societal benefit. Over the next decade, 100 public good projects will join our ecosystem, with 10 initiatives onboarded annually.
Onboarded Initiatives:
- Abundance DAO: abundance.id
- HandProtocol: handprotocol.org
- Hedgey Finance: hedgey.finance
- ReFi Tulum: refitulum.io
- Treegens DAO: thetreegens.com
Nominated Initiatives:
- Let’s Grow DAO: letsgrow.network
- Trusted Seed DAO: trustedseed.org
- Greenpill Network: greenpill.network
- Juicebox DAO: juicebox.money
- Axis.Finance: axis.finance
- Commons Stack: commonsstack.org
What's Next?
The launch of the Governance Council and token issuance is just the beginning. Here's what lies ahead:
- Liquidity Activation: With the StakeShare liquidity pool live, we are unlocking resources to fuel further growth and fund community-driven initiatives.
- Community Engagement: Upcoming campaigns and events to amplify awareness and bring more users into our ecosystem.
- Expansion: Onboarding additional public good initiatives and scaling our impact.
Thank You to Our Community
This achievement wouldn't have been possible without the incredible support and dedication of our community. Together, we've demonstrated that decentralized governance can pave the way for a more inclusive and equitable e-commerce landscape.
Welcome to the future of commerce—welcome to ProductShare DAO. Let's co-create abundance, together.
Stay tuned for updates, and join us in celebrating this transformative moment!
For further details or to participate in our governance, visit ProductShare DAO.
Let me know if further adjustments are needed!