Edgeware

What is Edgeware?

Edgeware is a DAO-first smart contract platform aimed at managing, funding, and building decentralized communities. It's a scalable, sovereign, and cooperatively owned ecosystem with a significant public treasury, a robust governing community, and a focus on deploying DAOs.

Edgeware envisions a society of technical and artistic thinkers exploring new economies that are inclusive, equitable, automated, and inherently human. It seeks to engage daring and creative minds in blockchain, supporting their ideas to collectively shape a better culture.

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Recent Video Interview

Main points of the interview:

• Edgeware's focus on governance and use of lock drops for fair distribution.
• Importance of community-driven participation and fair token distribution.
• Highlighted successful bootstrapping of proof-of-stake smart contract platform on Polkadot.
• Addressed challenges and strategies in increasing governance participation and proposal management.

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Active Participation and Collective Growth

In Edgeware, every participant transcends the role of a mere consumer to become a shareholder in a cooperative and experimental political economy facilitated by blockchain technology. This citizenship carries with it both responsibilities and privileges, delineating active contributors to the community. Furthermore, Edgeware fosters a culture of collective growth and development through various channels. Events serve as platforms for character and knowledge enhancement, where members engage in discussions, presentations, and funding initiatives to nurture a vibrant ecosystem.

The open community wealth available for proposals, spanning investments, token grants, and network share allocations, underscores Edgeware's commitment to empowering its members to shape the platform's evolution. This democratization extends to the broader ecosystem, where tools, programs, chains, and economic opportunities are made accessible to all, fostering innovation and resilience in an environment conducive to experimentation and progress.

Benefits of Edgeware

Edgeware offers a plethora of benefits that incentivize active participation and contribute to collective growth within its ecosystem.

Governance

Through liquid democracy, public referenda, and permissionless proposals, Edgeware empowers its community members to actively participate in the management of community wealth and infrastructure. This inclusive governance model ensures transparency and accountability while fostering a sense of ownership among stakeholders.

Substrate Development Platform

Built on the powerful Substrate framework, Edgeware provides developers with a versatile platform equipped with EdgeEVM for solidity compatibility, EdgeWASM for high performance, and SubstratePallets for interoperability. This comprehensive development environment enables the creation of innovative decentralized applications tailored to diverse use cases.

Commonwealth Labs

As pioneers of the lockdrop mechanism, Commonwealth Labs facilitated a fair and decentralized network launch for Edgeware, laying the foundation for sustainable growth and community-driven development. This innovative approach ensures broad participation and equitable distribution of resources, fostering a vibrant and inclusive ecosystem.

Growing Ecosystem

With venture-backed projects, active community participants, and vibrant working groups focused on different aspects of the Edgeware ecosystem, developers have access to a diverse and thriving community. This collaborative environment fosters knowledge sharing, networking opportunities, and synergistic partnerships, driving the continuous expansion and evolution of Edgeware.

Other Benefits

With a live mainnet supporting full EVM + WASM contract runtime, integration within the Polkadot ecosystem, low transaction fees, and an active community, Edgeware offers developers a conducive environment to bring their ideas to life. The Ethereum EVM bridge further facilitates seamless migration of dApps, while over $5M in annual funding and various incentives provide ample support for project development.

EDG Token

The EDG token lies at the heart of the Edgeware ecosystem, serving as a fundamental component that incentivizes and rewards active participation. With one of the widest distributions in the cryptocurrency space, EDG token holders enjoy a unique level of ownership and influence over the network's direction. Its broad distribution, achieved through innovative mechanisms like the lockdrop, ensures a diverse and decentralized community of stakeholders, minimizing the risk of centralization and external influence. As a utility token, EDG facilitates various functions within the platform, including governance participation, staking, and access to network resources. Moreover, its integration within the broader DeFi landscape opens up opportunities for yield farming, liquidity provision, and other decentralized financial activities

Similar Projects

Some similar projects to Edgeware: Akropoli, Dora Factory, MANTRA, 0x Protocol, Aave, Acala, Aladdin DAO, Aleph...

Project Development

Peeranha's integration with EdgeEVM, made possible through an Edgeware community grant, represents a significant milestone in decentralized knowledge sharing. The collaboration exemplifies a successful model for grant recipients, initiated by Peeranha nearly a year ago with a proposal draft and subsequent community discussions. This integration allows the deployment of knowledge-base communities on Edgeware's EdgeEVM, offering three configurations for users: full control with gas fees paid in EDG, control without fees facilitated by meta transaction infrastructure, and a trusted option with a familiar web2-like experience.

Before this collaboration, Edgeware community members faced challenges with conventional communication tools like Discord and Telegram, including a short window of visibility for questions, repetitive queries, lack of indexing, and isolation of communities. Peeranha's innovative approach addresses these challenges by providing a comprehensive ecosystem featuring a blockchain-based knowledge base, bots for Discord and Telegram, auto-translation capabilities, and AI-powered search functionalities. Additionally, Peeranha incentivizes community engagement through random GiftDrops and EDGDrops, encouraging users to ask questions, explore different fee modes, assist others, and utilize AI-powered search features. Overall, Peeranha's AI-driven Q&A protocol for Web3 enhances knowledge sharing and community engagement within the Edgeware ecosystem.

Edgeware Price Analysis

As of December 21 2024 Edgeware has a marketcap of $644K. This is {{percentagefromath}} from its all time high of $0.056346. In terms of its tokenomics, there's a total supply of 7.4B with 94% currently outstanding. Keep in mind Edgeware has a fully diluted value of $686K which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.