The Next 30–60 Days: A Critical Period for MainNet Development and Decentralization
As we move forward with our MainNet activities, the upcoming month is pivotal for our progress and development.
Here is a deep dive into Vitruveo’s immediate plans and how they will shape the future of our platform.
Resolutions and Account Consolidations
With MainNet RC1 active, the upcoming period is critical, as we will begin merging accounts and addressing specific community concerns, like hacked wallets and account consolidation.
Our internal target is to finalize the remaining 122 BTC user integrations by November 15th.
Nexus, Validator and Steward Token Airdrop
Post-resolution, the focus shifts to the Nexus NFT token airdrop scheduled for December 1st, marking an irreversible point in our journey — the Nexus NFTs, once distributed, will not only confer governance within the DAO but will also encapsulate revenue share and more, reserved exclusively for current holders.
DAO Token Dashboard
Starting December 1st, holders will gain access to a dashboard enabling them to manage their accounts, boosters, and claim tokens and NFTs — ushering in a new era of engagement and empowerment for the Vitruveo community.
The Transition to Trustlessness
Vitruveo’s current MainNet RC1 features two validators overseen by our protocol team, which is yet to be inline with the ‘trustlessness’ we aim for. The goal for the next 30 days is to evolve from this initial setup to a system that allows community monitoring and verification of all activities, ensuring transparency and security.
This transparency is paramount to our values; we want every transaction and operation to be open to scrutiny, eliminating concerns about potential irregularities.
Financial and Contractual Integrity
With the launch of the Booster sale, we’re taking steps to ensure financial security. Incoming funds are directed into two multisig wallets — one on Ethereum and the other on the Binance Smart Chain.
These multisig wallets are controlled by five signers to prevent any single point of failure or control.
Furthermore, tokens currently in standard accounts will be transferred to vesting and multisig contracts. This strategy prevents the concentration of DAO tokens in any single account, a move towards greater decentralization and adherence to stringent security protocols.
Accountability and the Senate
Our governance model is designed to be community-driven, with a Senate at its core. This Senate consists of nine members, five council leads plus four community members. Currently, with two community members in place, we are initiating the process to vote in the remaining two, achieving a fully operational Senate.
This step is critical because our governance rules mandate Senate approval on significant decisions, emphasizing our commitment to a democratic governance structure.
Pathway to a Decentralized MainNet
By December 2023, we plan to start integrating external validators, transitioning to a truly decentralized network. The Validators team is actively developing an onboarding process, setting the stage for a network that is secured not just by our internal team but by a broad array of trusted participants.
This process will culminate in presenting a fully prepared blockchain to the validators for review. Our commitment is to address any issues they identify to ensure that the blockchain data is accurate and trustworthy.
Only when these validators are satisfied with the integrity of the network will they sign on and begin securing the blockchain. This step is vital to establish a trustless, decentralized, and secure network that lives up to the expectations of our users and validators alike.
Looking Forward
The next 30–60 days are not just about technical adjustments but also about establishing a foundation of trust and security that will underpin our platform for years to come.
Vitruveo is setting the stage for a robust, transparent, and community-driven ecosystem, one where our actions are consistently aligned with our vision of a decentralized future.
Stay tuned as we continue on this journey, transforming the way blockchain platforms operate and championing a new era of trustlessness and security.
Also, if you’ve bought a Booster or SuperBooster Token, this is a good tweet to understand what’s next for you.
What now?
If you are a passionate innovator and creator who wants to be at the forefront of art and innovation:
1. Subscribe to our Medium to get the full story
2. Follow us on Discord (discord.gg/vitruveo) to meet the community and jump in on discussions
3. Follow us on Twitter (X) to stay updated
4. Follow us on Instagram and share our journey
5. Follow us on Linkedin to get the behind-the-scenes
6. Watch our YouTube LIVE Streams
7. ✨Get a Booster Token✨ to join the Vitruveo Ecosystem
Let’s unlock sustainable creative expression using the power of blockchain technology.
Let’s drive the Creator Economy.
