reBaked IDO: Launching on NearPad

There is a huge market of knowledgeable workers underserved, trapped in the rat race with no resources to improve their conditions. Blockchain Networks unlock a decentralized model for community building. This new economic era creates projects operated and owned by its stakeholder community.

reBaked is set to drive innovations in the Web 3.0 ecosystem by building a scalable DAO framework that will accelerate access to capital, user base, and income-earning opportunities for talented workers. By promoting and incentivizing both collaborations and competitions, on a distinctively free and fair ecosystem, ReBaked provides both startups and creators a way to access talent, provide support, and manage product development. Working as an incubator to accelerator programs, the platform seeks to provide resources, mentorship, and funding to assist entrepreneurs in their early stages of formation.

reBaked’s new model for startups is leading an evolution in the fair launch economy, by creating unique solutions that emerged from focusing on the way entrepreneurs and talent work together. They have identified that most startups are only as good as the community backing them, and for this reason we will also enable startups and creators to reward their communities, converting them into ecosystem stakeholders.

Why Aurora?

Aurora is an Ethereum Virtual Machine created by the team at the NEAR Protocol, delivering a turn-key solution for developers to operate their apps on an Ethereum-compatible, high-throughput, scalable and future-safe platform, with low transaction costs for their users. The governance of Aurora will take a hybrid form of a Decentralized Autonomous Organization — the AuroraDAO — complemented by a traditional entity which will hold one of several seats in the AuroraDAO. AuroraDAO will hand over key decision making to its community as a part of its vision to create a scaling solution that is as decentralized as possible.

“We are very excited to announce our partnership with NearPad for our IDO event- aiming to expand further on AURORA & NEAR Protocol communities”, says Nikos, reBaked founder. “Since reBaked started, we’ve been delighted by the amount of support and interest we have received from the NEAR Protocol ecosystem. Many leading projects such as 1Inch Exchange, DODO, DeFiner, imToken, SnowSwap, Chainlink & Band Protocol are already in collaboration with Aurora, exploring the next steps for unlocking these exciting benefits for themselves, and their users! Aurora team has already announced notable infrastructure initiatives- such as the one with the leading blockchain for Ethereum — Etherscan”

With its fair launch economy, reBaked is evolving the existing framework for DAO through the following innovations:

RBKD Pioneers: A reverse launchpad that leverages independent knowledge works to design, launch, and scale Web 3.0 Projects. reBaked has re-designed the launchpad experience for early-stage Web 3.0 Projects to solicit skills from a community of experts, which enables projects to build strong foundations. Together with NearPad that will extend fundraising campaigns for selected reBaked projects, we will offer a scalable solution to accelerate early stage blockchain startups & DAOs.

RBKD Build: Truly decentralized grant governance and DAO payroll which incorporates the concepts of Minimum Guaranteed Payment & Bonus Payment -Rewards are offered based on tri-party feedback input: From other collaborators, from the project team, from reBaked observers. reBaked BUILD will be available for the Aurora and NEAR Protocol ecosystems.

RBKD CrowdHack: An advanced hackathon platform, with the ability to integrate any Web 3.0 coin as the base currency, with escrow smart-contract functions to preserve confidence for the delivery of promised rewards. In comparison to other hackathon platforms, CrowdHack is the only platform enabling feedback by a decentralized community based on the funds hosted by a particular wallet.

RBKD Playshare: Providing an in-game revenue sharing mechanism for Play 2 Earn games- allowing metaverse asset owners to accumulate passive income, and players to start without upfront investment or financial risk.

After successfully raising $1.2 million from leading strategic investors such as AU21 Capital, X21 Capital, Maven Capital, DAO Capital, Andromeda Capital, Moonwhale Ventures, RoundTable, BMW Capital, and BlockSync among other, reBAKED is officially opening a community round in four blockchain ecosystems to kickstart community engagement. The substantial support gained in the strategic round brought us to this stage, but most significantly, having a real operational product serving use cases and allocation protocol fees for the community-managed DAO

reBaked will launch its second public sale through NearPad on the 22nd of October 2021. More details to follow.

📰 INFO 

https://nearpad.medium.com/rebaked-ido-rebaking-web-3-0-for-a-better-tomorrow-a8179133394d

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