How to understand the changes SocialFi has brought to social media? Take the DAO model of PlutusFi as an example to see the changes

What is Plutus DAO?

We believe that the meaning of DAO in the PlutusFi ecosystem can be understood from two levels:

1. First level: Plutus DAO is a collection of communities, an Internet-native organization formed by connecting individuals, collectively managed and owned by users of PlutusFi;
2. And second level: Plutus DAO is a tool set, through code, Token, NFT management tools and API, etc., so that this management model can be used by PlutusFi community users, and can be used by them to create their own sub -level DAO.

Why use Plutus DAO?

Whether you like it or not, more and more people are doing it because it’s an irreversible trend. The global economic organization method is transferred from traditional organizations such as companies to DAOs. Individuals will become the core nodes of the economic model, which can generate basic units of interconnection, and their subjects will sink from companies to individuals.

See the following details for Plutus DAO:

1. Internet-based community will be a trend of human development. This will make more individuals break away from centralized organizations in order to generate more effective connections and collaborations.
2. Plutus DAO is a B2B2C service. Its core value is to help more traders with “trading ability” to become “KTL” (Key Trading Leader). It will help them build their own trading community and use it as a career for a living.
3. Joining the Plutus DAO means using the services of PlutusFi. For “KTL”, they will get tools for community management and initial development funds (SocialFi income). With this, they can make a living faster. For “users” joining the Plutus DAO community, this will enable them to obtain more transparent transaction information, practical transaction tools and the opportunity to jointly build a more honest and open community.

How to join Plutus DAO?

Join PlutusFi’s contributor team to help with code writing and DAO economic model improvements, and get team rewards. Here are the roles you can get into when you join the team:

1. Social trading node. Provide trading signals and create your own trading strategies for others to copy.
2. Bounty Hunter. Get token rewards by completing tasks provided by the platform or social nodes.
3. Token holders. By purchasing tokens or by providing services to obtain tokens to become holders; value returns are realized through token appreciation and the realization of token rights and interests.
4. Trading Community Pass NFT holders. The trading community can issue NFT on PlutusFi as a community pass, which can not only be used as a credential to obtain community services, but also can be traded and financialized.
5. Trading guilds members. Trading guilds is an organizational model that helps communities develop and maintain relationships between communities, and provides tools for governance relationships between communities. They can provide industry norms and help for the development of the trading community through an organization similar to the game guild.

Plutusfi was launched in 2020 as a social trading application designed to empower cryptocurrency trading communities by providing social trading convenience services through a B2B2C model, with various product features. Today, PlutusFi’s team, together with its users, work towards a common goal: the development of the PlutusFi network and the benefit from the rising value of PLUT tokens.

For more information on PlutusFi, visit plutusfi.io or follow @PlutusFi on Facebook, Twitter, Instagram, Medium and Telegram sites.