It ensures that the specified heirs receive the assets after the death of the testator by using a voting system that eliminates any external interference. The testator can appoint trusted persons. Responsible for the execution of the will, which are not interested in receiving the crypto heritage.

Furthermore, the application was developed in close cooperation with XDAO, specialists in decentralized autonomous organizations under XDAO Pro service, and considers the issue’s sensitivity and the cost of digital inheritance. Additionally, the platform also ensures that the testator’s property is preserved during the transfer process.

What problems does Blockchain Testament solve?

You never know when your life comes to an end. Planning for what happens after you die is not a fun topic. It isalso necessary to make sure your beloved ones are. At the same time the cost of a will varies significantly and, in some cases, may reach thousands of dollars. Besides, due to the lack of necessary legislation, some countries do not allow the inheritance of crypto assets.

How does the Blockchain Testament work?

Your chosen validators, a lawyer, a notary, or a trusted family friend, will be able to initiate a vote for your last will coming into effect. However, should the lucky blunder happen, and you are alive and well, you still have 6 months of the daily reminder to call back the voting. The only thing you must do is press the bottom “I am alive”, and the Will execution process will be brought to a standstill.

While creating your Blockchain Will, you automatically fill in a real-world document. Once downloaded and signed, your Blockchain Will is a fully legal document representing your last will.

There’s limited disclosed information such as:

• Creators
• Validators
• Successors’ wallet numbers
• Date, and any remarks you decide to make public.

Moreover, no information about the assets, their location or distribution proportions is made public. You do not, and never will need to share your passwords or seed-phases or information about the size of your assets with anyone.

DAO principles

Blockchain Testament’ tool is implemented as the ability to create a fully decentralized Will that ensures that assets are transferred upon the death of the Testator to the individuals to whom he or she bequeaths those assets. The foundation of the project is DAO (Decentralized Autonomous Organization), which allows the Testator to appoint trusted persons responsible for the execution of his Will, but not interested in receiving the Crypto Heritage.

The application was developed in close cooperation with the XDAO team, who are specialists in decentralized autonomous organizations.

ABOUT XDAO

XDAO is a multichain DAO builder for jointly managing crypto assets and DeFi projects.

Website | Twitter

ABOUT Blockchain Testament

Blockchain Testament is the first blockchain mechanism to create a Testament with your cryptoassets.

Website | Twitter

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Thunder Lands wants to implement the Web3 technologies in the GameDev field. They are the leader and one of the most creative projects specializing in NFT.

About Partnership

The Thunder Lands team is developing the game, which will change everything in GameFi. The project will unite classical gameplay and aspects of innovative blockchain technologies. It is the virtual metaverse set in the Dark Fantasy genre and powered by Unreal Engine 5.

Based on the Play-to-earn platform, players will be able to farm resources, stake their NFTs, and use NFTs for increasing their profit. This unique mechanism makes Thunder Lands the perfect project for our collaboration.

Recently, they have released a small part of their future game, named Clicker. The game’s internal economic system runs on its native token TNDR and allows users to play, earn and purchase in-game items as NFTs via the native cross-chain marketplace. TNDR token also was listed on CoinMarketCap and CoinGecko.

Why the partnership?

Thunder Lands created a DAO with the idea to make DAOs the place for crypto mass adoption. XDAO provides the tools for groups to control mutual treasury, build communities and invest in DeFi.

XDAO tools will help Thunder Lands with TNDR token distribution plan:

45% — Game rewards
15% — Tokensale & IDO
13% — NFT Staking
10% — Team
8% — Dex & Listing Liquidity
5% — Advisory Board
4% — Marketing, Influencers

Also, XDAO’s partnership with Thunder Lands will provide three main things to the Thunder Lands ecosystem:

— Larger distribution of TNDR token holders through the DAO structure ‌that XDAO provides;
— Increased project awareness and collaborated marketing efforts;
— Strategic support.

In addition, the Thunder Lands team is concentrating on work with Clicker, such as strengthening marketing activities such as airdrops and various events. They’re also strengthening the reward system for users who flow into the game.

XDAO is excited for this working relationship with Thunder Lands and they hope and expect it to be a very positive collaboration.

About Thunder Lands

Thunder Lands is a virtual gaming meta-universe set in the Dark Fantasy genre, combining classic MMO RPG and modern blockchain technologies.

Website | Twitter

The post XDAO Cooperates with Thunder Lands! appeared first on Smart Liquidity Research.

XDAO is a platform for creating and managing Decentralized Autonomous Organizations (DAOs). With XDAO, users no longer need to understand the code or be able to write a smart contract. Instead, they can create their own DAOs through XDAO on CSC in less than one minute and explore more DAO functions.

CSC Multi-Million Dollar Supportive Plan: To empower public chain projects

CSC Multi-Million Dollar Supportive Plan was founded in June 2021 to recruit and encourage outstanding developers to improve the CSC ecosystem. The Fund features 3 different supportive methods that come with different levels of project support:

1. Funding (new projects designed by new developers)
2. Funding + Publicity (projects created by experienced developers)
3. Funding + Publicity + Ecology (mature projects).

Application link: https://www.coinex.org/million_dollar_plan

As an EVM-compatible public chain that features high performance and low fees, CSC aims to build a decentralized financial ecosystem. Since it was launched, the Fund has received applications from over 200 new projects. Last September, CSC introduced a Metaverse Special Fund as a gesture of great support for new projects. At the moment, the projects supported by the Fund span many trending categories, covering NFT, GameFi, DeFi, DAO, etc.

Approved by the Fund, XDAO will receive support for Funding + Publicity + Ecology from CSC’s Multi-Million Dollar Supportive Plan during different growth stages.

About XDAO

XDAO is a multi-chain DAO builder that allows anyone to easily create DAO for the joint management of crypto assets. It innovatively gives the DAO creators and managers governance rights (by issuing governance tokens or GTs), and investors can have a share in the DAO (by purchasing and holding liquidity provider tokens or LPs).

Website | Twitter

About CoinEx Smart Chain

CoinEx Smart Chain is decentralized and energy efficient. CSC makes it easy to build your own decentralized applications.

Website | Twitter

SOURCE:

MEDIUM

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