SpiderDAO proposes a set of tools to bring online privacy to the end user.
To do so efficiently and sustainably, SpiderDAO’s team set a robust new standard for DAOs that will withstand the adversity that such a mission implies.
To mitigate the shortcomings of current DAO frameworks, SpiderDAO leverages a multi-layered governance setup based on hardware and software tools on top of a fair & resilient hardware-based DAO built on Polkadot.
Whales can gain an unfair voting advantage and the power to skew elections simply by accumulating large amounts of governance tokens to buy voting rights.
“Dark DAOs” are entities which utilize smart contracts to undermine trust in voting systems by accumulating voting rights for market manipulation and eventually take-over the governance system.
The utility of voting rights is tied solely to the governance token. Tokens can be easily purchased on exchanges making it easy for large investment bodies to exploit the system to accumulate voting power.
SpiderDAO innovates the DAO concept by introducing a dual-governance model which bundles together hardware and software tools with on-chain elements, providing a “whale-resistant” governance solution.
SpiderDAO is underpinned by the Polkadot consensus mechanism and will utilise a network of hardware routers deployed by DAO participants as a “ticket” for election voting.
SPDR token is the cornerstone of the SpiderDAO ecosystem, designed to capture value creation within the network and enabling the development of a fair, robust and self-sustaining ecosystem
SpiderDAO will be the orchestrator of the ecosystem building and maintaining these services.
The Leadership Team have been working together for a combined total of 5 years, in this time they have worked on diverse and innovative projects with a proven track record. This has been proven with there work in the VPN Industry working with hardware Routers at SpiderVPN. They are advised by experts in their own fields with over 10 years of experience in hardware and blockchain ecosystems respectively.
Nathan is an experienced entrepreneur specialized in IoT development and operations, Skilled in management of onsite and remote IT Help Desk Administrators and Developers. He has been successfully overseeing SpiderVPN since 2017. He also managed the full oversight of multiple projects from start-up to completion.
Before joining SpiderDAO, Žiga was the Chief Technology Officer at RiveX, where he contributed to the development of various blockchain solutions. He is experienced in on and off-chain tech and has a passion for developing decentralized solutions.
Acting as Project Manager and working with teams of Developers and Administrators. Anas has a background in hardware engineering, full network stack development and computer science working with embedded systems for Open Source network/entertainment Operating Systems design. Previously worked for A-Solutions, Pensil Media, FuboTV.
Chief Technology Officer, GL Technologies (Hong Kong) Limited. Winner of CES innovation awards in 2019 and 2020. His PhD in engineering management compounds has a proven track record in hardware IoT since 2012.
SpiderDAO is the first hardware-governed DAO with a self-maintaining and self-improving robust Hardware/Software Governance control mechanism.
A Decentralised Autonomous Organization (DAO) is an organization represented by rules encoded as a transparent computer program, controlled by the organization members and not influenced by a central government.
SpiderDAO’s mission is to bring privacy & security back to internet users.
SPDR is the name given to the ERC-20 Utility Token also known as a Ticker.
SpiderDAO will be interlinked by the Spider VPN and in the future, it will move to the Spider Decentralised VPN.
1. A set of responses to conditions of uncertainty, dependence, and opportunism that exists in a business relationship.
2. Refers to the structural relationship and operation mode between various elements.
SpiderDAO uses optimized SpiderConnect routers, specially created for the use of the Spider DAO network and to utilize their security measurements.
No, the interoperable SpiderConnect router will be needed to propose or cast actual votes in the DAO, it’s not needed to access many of our products and token uses.
SpiderDAO offers free VPN to the users who participate in the LAU program (liquidity as utility).
60% of SPDR supply will be unlocked through liquidity mining. Participants will be able to mine this supply by staking LP in the SPDR/ETH or SPDR/USDC liquidity mining pools. Also, participants will qualify for FreeVPN services as part of the Liquidity as Utility (LAU).
SpiderDAO and SpiderVPN are two sister companies that act and help each other in achieving their common goals of bringing privacy & security back to the internet users.
Nathan is an experienced entrepreneur specialized in IoT development and operations, Skilled in management of onsite and remote IT Help Desk Administrators and Developers. He has been successfully overseeing SpiderVPN since 2017. He also managed the full oversight of multiple projects from start-up to completion. You can read more here.
The ecosystem leverages Hardware, Blockchain, Cryptography and advanced Liquidity mechanisms to make it as robust and fair as possible.
Yes you can use the SpiderVPN access on up to 5 devices including SpiderConnect Routers, All Gli.Net products, Android, iOs, macOS and Windows.
It will be distributed to the involved community over a 5 year period