Cjfrankie
    • Create new note
    • Create a note from template
      • Sharing URL Link copied
      • /edit
      • View mode
        • Edit mode
        • View mode
        • Book mode
        • Slide mode
        Edit mode View mode Book mode Slide mode
      • Customize slides
      • Note Permission
      • Read
        • Only me
        • Signed-in users
        • Everyone
        Only me Signed-in users Everyone
      • Write
        • Only me
        • Signed-in users
        • Everyone
        Only me Signed-in users Everyone
      • Engagement control Commenting, Suggest edit, Emoji Reply
      • Invitee
    • Publish Note

      Share your work with the world Congratulations! 🎉 Your note is out in the world Publish Note

      Your note will be visible on your profile and discoverable by anyone.
      Your note is now live.
      This note is visible on your profile and discoverable online.
      Everyone on the web can find and read all notes of this public team.
      See published notes
      Unpublish note
      Please check the box to agree to the Community Guidelines.
      View profile
    • Commenting
      Permission
      Disabled Forbidden Owners Signed-in users Everyone
    • Enable
    • Permission
      • Forbidden
      • Owners
      • Signed-in users
      • Everyone
    • Suggest edit
      Permission
      Disabled Forbidden Owners Signed-in users Everyone
    • Enable
    • Permission
      • Forbidden
      • Owners
      • Signed-in users
    • Emoji Reply
    • Enable
    • Versions and GitHub Sync
    • Note settings
    • Engagement control
    • Transfer ownership
    • Delete this note
    • Save as template
    • Insert from template
    • Import from
      • Dropbox
      • Google Drive
      • Gist
      • Clipboard
    • Export to
      • Dropbox
      • Google Drive
      • Gist
    • Download
      • Markdown
      • HTML
      • Raw HTML
Menu Note settings Sharing URL Create Help
Create Create new note Create a note from template
Menu
Options
Versions and GitHub Sync Engagement control Transfer ownership Delete this note
Import from
Dropbox Google Drive Gist Clipboard
Export to
Dropbox Google Drive Gist
Download
Markdown HTML Raw HTML
Back
Sharing URL Link copied
/edit
View mode
  • Edit mode
  • View mode
  • Book mode
  • Slide mode
Edit mode View mode Book mode Slide mode
Customize slides
Note Permission
Read
Only me
  • Only me
  • Signed-in users
  • Everyone
Only me Signed-in users Everyone
Write
Only me
  • Only me
  • Signed-in users
  • Everyone
Only me Signed-in users Everyone
Engagement control Commenting, Suggest edit, Emoji Reply
Invitee
Publish Note

Share your work with the world Congratulations! 🎉 Your note is out in the world Publish Note

Your note will be visible on your profile and discoverable by anyone.
Your note is now live.
This note is visible on your profile and discoverable online.
Everyone on the web can find and read all notes of this public team.
See published notes
Unpublish note
Please check the box to agree to the Community Guidelines.
View profile
Engagement control
Commenting
Permission
Disabled Forbidden Owners Signed-in users Everyone
Enable
Permission
  • Forbidden
  • Owners
  • Signed-in users
  • Everyone
Suggest edit
Permission
Disabled Forbidden Owners Signed-in users Everyone
Enable
Permission
  • Forbidden
  • Owners
  • Signed-in users
Emoji Reply
Enable
Import from Dropbox Google Drive Gist Clipboard
   owned this note    owned this note      
Published Linked with GitHub
1
Subscribed
  • Any changes
    Be notified of any changes
  • Mention me
    Be notified of mention me
  • Unsubscribe
Subscribe
# Illuvium DAO Research **INTRODUCTION** The purpose of this research is to get a clear sense of what Illuvium DAO is all about. We also want to know the tools they use to enhance the growth of their organization as well as governance process. To begin with, what is Illuvium? ## What is Illuvium? **[Illuvium](https://illuvium.io)** exists to be a decentralized Ethereum role-play game. The Illuvium blockchain game was designed to enable users play and earn in-game rewards by engagiging with quests and competitions. Furthermore, Illuvium digital world is opne to everyone - Users can search for in-game items and creatures called (**Illuvials**) in the form of non--fungible tokens (NFTs). These collectibles can be used for battling, collecting, and trading as well. ## How Illuvium Does Their Governance. > **ILV** is an ERC-20 governance utility token that is used to govern the Illuvium DAO and it is also the main currency used to award players for their awesome achievements in the game. > The goal behind the Illuvium project was to make a collectible NFT game that was open, transparent, and governed by the community member. Illuvium uses an off-chain voting system (Snapshot). ***The Illuvium DAO governance mechanism is as follows:*** A community of $ILV holders will govern and maintain the protocol, using the Illuvinati Council. The $ILV utility token holders have a say in the Illuvium decisition-making process - holders of the $ILV token also have the ability to nominate an individual for a council seat as well as delegate their vote to a nominee. To elect a group of council members, their desired candidates for council members must be proposed before the due date of the election. > Following that, the voting will commence and run for a period of 72 hours to elect the 5 individuals best suited for the role of governing the platform. At the end of the Election Period, the council members will be issued their NFTs. The "**eDAO**" alongside "**Illuvinati Council**" is the Illuvium initial governance model and is subject to change - After the council members have been elected, the **eDAO** will then collate all proposed members from the Illuvium Discord Channel Illuvinati Council, then proceed to prepare the candidates to be voted on in an off-chain manner within Snapshot. ***There are two major components of the new governance system:*** 1. **The Illuvinati Council**: This consist of a group of nominees who are voted in by the $ILV token holders. 2. **Illuvium Proposals**: Any one looking to propose changes to the Illuvium protocol or have a say in the decision-making process must go through ICCPs and IIPs. The ICCPs and IIPs are submitted to the IIP’s Github repository and posted on the Illuvium Proposal space afterwards. Any proposals that doesn't reach a supermajority agreement will not be enacted. > ICCPs is the short for Illuvium Configuration Change Proposals, they are documents that put forth a case for modifying within the DAO. On the other hand, IIPs stands for Illuvium Improvement Proposals. They always ensure that changes to the Illuvium Protocol are transparent and well-governed. An IIP is a design document providing information to the Illuvium community about a proposed change to the system. ## Timelock period The period where the proposal is in review before being implemented, initially set at 24 hours. ### DAO Tools Used by Illuvium DAO for Governance. ### **Snapshot**: Snapshot is one of the worlds leading voting platform for DAOs, it enable DAOs, DeFi protocols, or NFT communities to cast votes in a hassle-free manner without gas fees. For greater benefits, Snapshop allows for the customization of the voting process to meet the needs of the users and organizations. * [Introduction To Snapshot](https://docs.snapshot.org/introduction#:~:text=Snapshot%20is%20a%20voting%20platform,of%20the%20users%20and%20organizations.) * [Article: What Snapshot - A Decentralized Voting System](https://tinyurl.com/2c9c2pzj) * [Future Of The Web3 Community Voting](https://www.youtube.com/watch?v=KZgn5PnpW0M.) ## Illuvium DAO Onbaording Process To get onboarded is quite simple - If you want to keep up with the latest trends and community discussion, you can **[join Illuvium discord](https://discord.com/invite/illuvium)**. Follow the prompt and verify your identity! > There are numerous ways players can earn the ILV utility token. Aside from purchasing them across decentralized exchanges like (***Binance,Coinbase, Sushi***), the ILV token holders are also allowed to partake in esports tournaments, resource farming (harvesting/picking plants, or mining minerals), Illuvium zero, collectiong Illuvials (they are NFTs that can also be traded on a marketplace), and interacting with in-game activities to earn yield.

Import from clipboard

Paste your markdown or webpage here...

Advanced permission required

Your current role can only read. Ask the system administrator to acquire write and comment permission.

This team is disabled

Sorry, this team is disabled. You can't edit this note.

This note is locked

Sorry, only owner can edit this note.

Reach the limit

Sorry, you've reached the max length this note can be.
Please reduce the content or divide it to more notes, thank you!

Import from Gist

Import from Snippet

or

Export to Snippet

Are you sure?

Do you really want to delete this note?
All users will lose their connection.

Create a note from template

Create a note from template

Oops...
This template has been removed or transferred.
Upgrade
All
  • All
  • Team
No template.

Create a template

Upgrade

Delete template

Do you really want to delete this template?
Turn this template into a regular note and keep its content, versions, and comments.

This page need refresh

You have an incompatible client version.
Refresh to update.
New version available!
See releases notes here
Refresh to enjoy new features.
Your user state has changed.
Refresh to load new user state.

Sign in

Forgot password

or

By clicking below, you agree to our terms of service.

Sign in via Facebook Sign in via Twitter Sign in via GitHub Sign in via Dropbox Sign in with Wallet
Wallet ( )
Connect another wallet

New to HackMD? Sign up

Help

  • English
  • 中文
  • Français
  • Deutsch
  • 日本語
  • Español
  • Català
  • Ελληνικά
  • Português
  • italiano
  • Türkçe
  • Русский
  • Nederlands
  • hrvatski jezik
  • język polski
  • Українська
  • हिन्दी
  • svenska
  • Esperanto
  • dansk

Documents

Help & Tutorial

How to use Book mode

Slide Example

API Docs

Edit in VSCode

Install browser extension

Contacts

Feedback

Discord

Send us email

Resources

Releases

Pricing

Blog

Policy

Terms

Privacy

Cheatsheet

Syntax Example Reference
# Header Header 基本排版
- Unordered List
  • Unordered List
1. Ordered List
  1. Ordered List
- [ ] Todo List
  • Todo List
> Blockquote
Blockquote
**Bold font** Bold font
*Italics font* Italics font
~~Strikethrough~~ Strikethrough
19^th^ 19th
H~2~O H2O
++Inserted text++ Inserted text
==Marked text== Marked text
[link text](https:// "title") Link
![image alt](https:// "title") Image
`Code` Code 在筆記中貼入程式碼
```javascript
var i = 0;
```
var i = 0;
:smile: :smile: Emoji list
{%youtube youtube_id %} Externals
$L^aT_eX$ LaTeX
:::info
This is a alert area.
:::

This is a alert area.

Versions and GitHub Sync
Get Full History Access

  • Edit version name
  • Delete

revision author avatar     named on  

More Less

Note content is identical to the latest version.
Compare
    Choose a version
    No search result
    Version not found
Sign in to link this note to GitHub
Learn more
This note is not linked with GitHub
 

Feedback

Submission failed, please try again

Thanks for your support.

On a scale of 0-10, how likely is it that you would recommend HackMD to your friends, family or business associates?

Please give us some advice and help us improve HackMD.

 

Thanks for your feedback

Remove version name

Do you want to remove this version name and description?

Transfer ownership

Transfer to
    Warning: is a public team. If you transfer note to this team, everyone on the web can find and read this note.

      Link with GitHub

      Please authorize HackMD on GitHub
      • Please sign in to GitHub and install the HackMD app on your GitHub repo.
      • HackMD links with GitHub through a GitHub App. You can choose which repo to install our App.
      Learn more  Sign in to GitHub

      Push the note to GitHub Push to GitHub Pull a file from GitHub

        Authorize again
       

      Choose which file to push to

      Select repo
      Refresh Authorize more repos
      Select branch
      Select file
      Select branch
      Choose version(s) to push
      • Save a new version and push
      • Choose from existing versions
      Include title and tags
      Available push count

      Pull from GitHub

       
      File from GitHub
      File from HackMD

      GitHub Link Settings

      File linked

      Linked by
      File path
      Last synced branch
      Available push count

      Danger Zone

      Unlink
      You will no longer receive notification when GitHub file changes after unlink.

      Syncing

      Push failed

      Push successfully