📕 Better than Yesterday #44: The Importance of DAOs in Web3 <Part 2>

In the first part, we explored the fundamentals of Decentralized Autonomous Organizations (DAOs) and their significance in Web3.

Now, it’s time to dive deeper into how DAOs work and their limitations.

ℹ️ How Do Decentralized Autonomous Organizations Work?
Here’s a breakdown of how DAOs function:
👩‍💻 Smart Contracts
DAOs run on smart contracts that govern all decisions and activities within the organization

👤 Token Ownership
Founders mint a native token that grants members voting power. The more tokens you hold, the greater your influence in decision-making.

🗳 Decentralized Decision-Making
Proposals are voted on collectively, empowering participants to shape the direction of the DAO.

ℹ️ Limitations to Consider
🧩 Complexity
DAOs can be technically complex, requiring a solid understanding of blockchain and coding, which may deter participation.

🔒 Security Risks
DAOs are vulnerable to cyber threats. A notable incident was the 2016 hack of The DAO, highlighting the importance of robust security measures.

🚧 Coordination Challenges
Diverse global participation can lead to communication hurdles, impacting decision-making efficiency.

📜 Legal Ambiguities
The regulatory landscape surrounding DAOs is still unclear, raising concerns about compliance and tax implications.

Despite these challenges, DAOs hold immense potential for user empowerment and decentralized governance in Web3!

For a deeper dive into how DAOs function and their impact on the digital landscape
👉 Read Detailed Article Here

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 BSCS WEEKLY UPDATE REPORT 📣

After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!

👉🏻 Let's see if you missed any news!

I. Event and Highlight News
✨ Events
🌟 BSCS Complete The 30th Token Burning Event

🌟 BSCS "Trick or Treat" Sticker Event
⏰ Time: 9 AM Oct 22 - 9 AM Oct 31 (UTC)
🎁 Reward: 150 USDT

✨ Highlight News
🌟 BSCS On #3 Spot in Top Launchpads with the Highest Average ROI!

🌟 Vietnam Unveils National Blockchain Strategy, Aiming to Lead the Region by 2030

🌟 Algorand Vietnam Hackathon 2024 Demo Day - Final Countdown!

🌟 BSCS "Chat Festival" Event - Winners Announcement!
🎁 Reward: 100 USDT

🌟 Weekly Community Question

II. Education
🌟 Better than Yesterday #44: The Importance of DAOs in Web3 <Part 2>

III. Under Development
💠 DEX View
- Optimize and enhance the overall user experience

IV. Communities
• Telegram Channel: 86,491
• Twitter: 415,610
• Youtube: 18,400
• Facebook: 11,085

⚡ BSCS Communities: 🇬🇧|🇻🇳|🇨🇳|🇹🇷|🇧🇷|🇰🇷|🇮🇩|🇮🇳|🇧🇩|🇫🇷

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🔶️Satoshi Nakamoto Statue In Lugano City

The city of Lugano in Switzerland has unveiled a remarkable statue honoring Satoshi Nakamoto, Bitcoin’s mysterious creator. I found this tribute both inspiring and beautifully crafted.

Revealed at Lugano's Plan B conference, the statue’s unique design is captivating. When viewed straight on, it completely vanishes—symbolizing Satoshi’s anonymity. It’s an artistic masterpiece that perfectly embodies the mystery surrounding him.

🔊Weekly Market Highlights #121: October 21 - October 27

✨BTC began the week strongly, breaking past the $69K mark. However, recent negative news has stalled its momentum, preventing further rallying despite continued buying support from ETFs.

✨Over the past week, the crypto market total capitalization decreased by ~$90B (from ~$2395B to ~$2305B).

✨BTC Uncertain at $67,5K
✅The business week started quite well for the primary cryptocurrency as it jumped on Monday morning to $69,5K to market its highest price tag since late July. However, the landscape changed at that point as it was mostly downhill.

✅BTC dumped hard by the end of the day and kept losing value until Wednesday, when it culminated at $65K. It bounced off on Thursday, but some FUD about Tether pushed it south again, this time to $65,5K.

✅The bulls intervened at this point and propelled a price rally that drove the cryptocurrency to around $67K. It has recovered a bit more traction in the past 24 hours and now sits inches above $67,5K.

✅Consequently, BTC is down by ~2% in the past week despite the massive ETF inflows

✨SOL, TRX Gain Weekly
✅It was another volatile week, but most larger-cap alts ended up in the red.

✅ETH has lost 6% of its value within this timeframe and now struggles below $2,500. Toncoin (-6%), AVAX (-8%), and SHIB (-8.5%) are also deep in the red.

✅The situation with DOT, NEAR, SUI, LTC, APT, FET, PEPE, IMX, TAO, and STX is even more painful, with losses of up to 15%.

✅The two larger-cap alts that have defied this trend are Solana and Tron. SOL has gained 8.5% weekly and sits above $170, while TRX is north of $0.166 after a 6% surge.

✅In a new development, Vietnam has unveiled its National Blockchain Strategy, which will lead the region by 2030.

✅Total 2 Index (Marketcap excluding BTC) is now at $915B

✨Bitcoin Fear and Greed Index is 73 - Greed, higher than at the beginning of the week (72)

✨Dominance:
✅BTC: 58.3%
✅ETH: 13.0%

📣See you next week!

🔶️BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 We are delighted to announce our partnership with 🙃 Mey Network - a global tokenized real estate investment platform aimed at revolutionizing real estate investment, management, and transactions

🙃 In order to maximize benefits, Mey Network wants to transform the real estate investing process and make high-quality real estate investments more affordable and lucrative for anyone.

🤝 BSCS will support Mey Network with many strategic activities, which include but are not limited to:

✅ IDO Support on BSCS Launchpad
✅ Community Expansion
✅ Cross-Marketing Activities

🔍 More information about Mey Network HERE

👍 We are thrilled with the considerable benefits our relationship brings to the community.

🙃 Mey Network Official Media Channels
Website | Twitter | Telegram Channel | Telegram Group | Facebook | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🔊BSCS x MXS Games Partnership Announcement

🌠 We are delighted to announce our partnership with ✅MXS Games - Web 2.5 games studio with a large library of games, a layer 1 blockchain managed by Ava Labs.

MXS Games: a gaming studio with a vast mobile, web, and PC, redefines fair gaming for players. By evolving from the current generation of web3 game studios, MetaXSeed adopts a new approach to drive mass adoption. Players can access various games, use digital assets across multiple noscripts, and receive daily rewards.

🔹With seamless one-click onboarding into over 30 PC and mobile games, MetaXSeed integrates web3 functionality invisibly, sharing up to 60% of ad revenue with players. A single utility token ($XSEED) powers the ecosystem, supporting gas fees and enabling in-game NFTs, nodes, and merchandise purchases.

🤝 BSCS will support MXS Games with many strategic activities, which include but are not limited to:

✅ IDO Support on BSCS Launchpad
✅ Community Expansion
✅ Cross-Marketing Activities

🔍 More information about MXS Games HERE

👍 We are thrilled with the considerable benefits our relationship brings to the community.

✅ MXS Games Official Media Channels
Website | Twitter | Telegram Channel | Telegram Group | Discord | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🔥MXS Games IDO Announcement🔥

Dear Community, 🔶 BSCS is honored to introduce ✅MXS Games - Web 2.5 games studio with a large library of games, a layer 1 blockchain managed by Ava Labs. - will launch IDO on BSCS this October 🔥

💎 Token Details
✅ Ticker: $XSEED
🔴 Chain: Avalanche
💰 Total Supply: 50,000,000,000
💲 IDO Price: $0.0007
🪙 Initial Market Cap: $469,000

🗓 IDO Schedule

💎 First Come, First Served Round
⏰ Time: 9 AM, 29th October - 6 AM, 30th October (UTC)

✅ IDO Rule: Riskless
🔶 Total Raise on BSCS: $150,000

💎 Claiming & Listing Schedule (UTC)

⏰ Listing time:
📈MEXC + 🪙Gate: 10 AM, 30th October 2024
🪙LFJ: 10:10 AM, 30th October 2024

🔶 Token Claim on BSCS: 10:15 AM 30th October 2024
💰 Vesting: 15% at TGE, vesting 5 Months

🔍 More information about MXS Games HERE

✅MXS Games Official Media Channels
Website | Twitter | Telegram Channel | Telegram Group | Discord | Youtube

🔶BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

💎 MXS Games PROJECT OVERVIEW 💎

😞 About MXS Games
MXS Games - Web 2.5 games studio with a large library of games, a layer 1 blockchain managed by Ava Labs.

🌐 Visit MXS Games Website HERE

❓ Why MXS Games
✔️ XSeed Chain
✔️ Games Library
✔️ Games Launcher

💵 $XSEED Utility
✅ Play Games
✅ Blockchain
✅ NFT Marketplace
✅ DAO governance

🤝 Backers/Partners
BSCS, BCStarter, GameFi.org, Poolz Finance, BullPerks, GD10 Capital, X21 Digital, Nexus, MH Ventures, Kangaroo Capital, MM Labs, Coinvestor Ventures, Sky Guardian Capital, Megala Ventures, Ferrum Network, NeoLaunch

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🚀 MXS Games Project Moonsheet 🌝

🔭 Take a look at our expected MXS Games! You can see immense 𝟏𝟎𝐱-𝟓𝟎𝐱-𝟏𝟎𝟎𝐱 gains very shortly. At which ROI do you think $XSEED can reach?

🗓 IDO Schedule
✅ IDO Rule: Riskless
🔶 Total Raise on BSCS: $150,000
🛍 Join MXS Games IDO HERE

💎 Token Details
✅ Ticker: $XSEED
🔴 Chain: Avalanche
💰 Total Supply: 50,000,000,000
💲 IDO Price: $0.0007
🪙 Initial Market Cap: $469,000

🗓 IDO Schedule

💎 First Come, First Served Round
⏰ Time: 9 AM, 29th October - 6 AM, 30th October (UTC)

💎 Claiming & Listing Schedule (UTC)

⏰ Listing time:
📈MEXC + 🪙Gate: 10 AM, 30th October 2024 (UTC)
🪙LFJ: 10:10 AM, 30th October 2024 (UTC)
🔶 Token Claim on BSCS: 10:15 AM 30th October 2024 (UTC)
💰 Vesting: 15% at TGE, vesting 5 Months

🔍 More information about MXS Games HERE

✅MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 Dear BSCSians, please Pay Attention!!!

⏳ Just 30 minutes remain for MXS Games IDO on BSCS.

🔥 Now is the perfect moment to buy your IDO Allocation! The $XSEED token supply could soon run out.

🛍 Join IDO at: https://bscs.finance/Ido/Details?XSEED

🎇 IDO Schedule
✅ IDO Rule: Riskless
😞 Ticker: $XSEED
🔶 Total Raise on BSCS: $150,000
💰 IDO Price: $0.0007

💎 First Come, First Served Round
⏰ Time : 9 AM, 29th October - 6 AM, 30th October (UTC)

💎 Claiming & Listing Schedule
⏰ Listing time:
📈MEXC + 🪙Gate: 10 AM, 30th October (UTC)
🪙 LFJ: 10:10 AM, 30th October (UTC)
🔶️ Token Claim on BSCS: 10:15 AM 30th October (UTC)
💰 Vesting: 15% at TGE, vesting 5 Months

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

▶ MXS Games First Come First Serve Round on BSCS is LIVE NOW! 📣

♾ The MXS Games IDO First Come First Serve Round is open for everyone to purchase!!

💲 IDO Price: $0.0007
😞 Ticker: $XSEED

🛍 JOIN NOW: https://bscs.finance/Ido/Details?XSEED

💎 First Come, First Served Round
⏰ Time: 9 AM, 29th October - 6 AM, 30th October (UTC)

💎 Claiming & Listing Schedule
⏰ Listing time:
📈MEXC + 🪙Gate: 10 AM, 30th October (UTC)
🪙 LFJ: 10:10 AM, 30th October (UTC)
🔶️ Token Claim on BSCS: 10:15 AM, 30th October (UTC)
💰 Vesting: 15% at TGE, vesting 5 Months

❗️Refund time updated:
💎 Diamond + Super Diamond Tier: 48 hours
🌟 Other Tiers: 24 hours

‼IMPORTANT NOTE
✔ Make sure you have sufficient USDT in your wallet to join the pool

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 BSCS "Riskless IDO Rule" Updated for Greater Flexibility 📣

We’re excited to announce an update to our "Riskless IDO Rule," designed to improve your experience and provide enhanced flexibility across all tiers!

✅ New Refund Time
Refund period starts counting down from Claim Time

💎 Super Diamond Tier: 48 hours

💎 Diamond Tier: 48 hours

🌟 Lower Tiers: 24 hours

👤 Community users who joined the FCFS IDO Round will also have a 24-hour Refund period.

👉 STAKE NOW & Explore Exclusive Benefits!

ℹ️ Notice

The update Refund Time will be effective starting from MXS Games IDO.

👉 JOIN THE IDO NOW 👈
⏰ Time: 9 AM, 29 Oct. - 9 AM, 30 Oct. (UTC)
🟢 Format: First Come First Served

💲 IDO Price: $0.0007
😞 Ticker: $XSEED

🗓 Claiming & Listing Schedule
⏰ Listing time:
📈MEXC & 🪙Gate: 10 AM, 30 Oct. (UTC)
🪙 LFJ (Trader Joe): 10:10 AM, 30 Oct. (UTC)
🔶 Token Claim on BSCS: 10:15 AM, 30 Oct. (UTC)
💰 Vesting: 15% at TGE, vesting 5 Months

💬 Share your thoughts about this new update and let's continue our journey together!

⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 The MXS Games IDO on BSCS has Successfully Ended 🔥

👍 This incredible victory would not have been possible without the passionate participation of our community !

🎉 Congrats to the MXS Games project team!

💎 First Come First Served Round: ENDED!

💺 Now is the time to fasten your seatbelt and prepare for an exciting adventure with BSCS and MXS Games !

💎 Claiming & Listing Schedule
📈MEXC + 🪙Gate: 10 AM, 30th October (UTC)
🪙 LFJ: 10:10 AM, 30th October (UTC)
🔶️ Token Claim on BSCS: 10:15 AM 30th October (UTC)
💰 Vesting: 15% at TGE, vesting 5 months

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

♾ Get ready, BSCSians! The highly anticipated $XSEED listing of MXS Games is just 30 minutes away!

🔥 Are you ready for a blasting journey with BSCS and MXS Games

💰 IDO Price: $0.0007
🚀 MXS Games Moonsheet

💎 Claiming & Listing Schedule
📈MEXC + 🪙Gate: 10 AM, 30th October (UTC)
🪙 LFJ: 10:10 AM, 30th October (UTC)
🔶️ Token Claim on BSCS: 10:15 AM 30th October (UTC)
💰 Vesting: 15% at TGE, vesting 5 months

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

🆕 New Refund Time
💎 Super Diamond & Diamond Tier: 48 hours
⭐️ Lower Tiers: 24 hours
💻 Community users who joined the FCFS IDO Round will also have a 24-hour Refund period.

⚠️ Note:
To claim your tokens, you must use the same wallet that you used to join the MXS Games IDO on BSCS

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

▶️ $XSEED Is Live Now On MEXC & Gate ! 🔼

🔥 $XSEED successfully listed on MEXC & Gate ! Congrats to the MXS Games team!

💰 IDO Price: $0.0007
🚀 MXS Games Moonsheet

🔴 Official smart contract address: 0x80E19921E0E5C2384dc31b1C885e25E3e6c344D4
📈 OKLink Explorer

🕯 Trading Pair: XSEED/USDT
📈 Trading on MEXC: HERE
🪙 Trading on Gate: HERE

🆕 New Refund Time
💎 Super Diamond & Diamond Tier: 48 hours
⭐️ Lower Tiers: 24 hours
💻 Community users who joined the FCFS IDO Round will also have a 24-hour Refund period.

⚠️ NOTICE
Be careful with all strange or unidentified links to avoid unexpected risks.

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 Time to claim your $XSEED token on BSCS 🔥

👋 Our dear BSCSians, It’s time to Claim the valuable $XSEED token of MXS Games project on BSCS!

💰 IDO Price: $0.0007
🚀 MXS Games Moonsheet

🔴 Official smart contract address: 0x80E19921E0E5C2384dc31b1C885e25E3e6c344D4
📈 OKLink Explorer

💎 Claiming & Listing Schedule
📈MEXC + 🪙Gate: 10 AM, 30th October (UTC)
🪙 LFJ: 10:10 AM, 30th October (UTC)
🔶️ Token Claim on BSCS: 10:15 AM 30th October (UTC)
💰 Vesting: 15% at TGE, vesting 5 months

🕯 Trading Pair: XSEED/USDT
📈 Trading on MEXC: HERE
🪙 Trading on Gate: HERE
🪙 Trading on LFJ: HERE

🆕 New Refund Time
💎 Super Diamond & Diamond Tier: 48 hours
⭐️ Lower Tiers: 24 hours
💻 Community users who joined the FCFS IDO Round will also have a 24-hour Refund period.

👍 Watch MXS Games Trailer HERE
📔 MXS Games Full Research
🔍 More information about MXS Games HERE

⚠️ Note:
To claim your tokens, you must use the same wallet that you used to join the MXS Games IDO on BSCS

🥰 Thank you for your support and it's time to head straight to the Moon 🌝

😞 MXS Games Official Media Channels
Website | Twitter | Telegram Group | Discord | Youtube

🔶️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🆕 Staynex: Exciting New Updates! ✉️

Dear BSCS community! We’re excited to share the latest on Staynex:

🤝 New Ecosystem Partnership: Staynex has joined forces with Huawei as a key ecosystem partner. This collaboration paves the way for new growth opportunities and enhanced visibility within the blockchain sector.
More info: Here

📈 Top Exchange Listing in Progress: Staynex is in the process of securing a listing with a major global exchange. Although the review process has taken time, it ensures top-quality standards and reflects the strong support Staynex has from the exchange.

✅ Overcoming Regulatory Challenges: Despite recent regulatory shifts, Staynex has successfully maintained its listing, showcasing its resilience and solid foundation.

🔶️ BSCS is committed to safeguarding our community’s interests and we appreciate your support and patience as we share these exciting updates. Stay tuned for more news and be part of our vibrant ecosystem!

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

🆕 Staynex IDO Announcement ✉️

Staynex, an official partner of the Huawei Web3 Ecosystem, is set to list on a top 3 exchange. However, to ensure user flexibility, BSCS and Staynex have agreed to offer a refund option for users who prefer not to have their capital tied up during the wait. After the exchange finalizes the official listing for $STAY, BSCS will relaunch the Staynex IDO.

Users that took part in Staynex IDO will receive a 100% refund from BSCS.

⏰ Claim fund time: 1 PM, 30th October - 1 PM, 1st November (UTC)
🔗 Access to: https://bscs.finance/Ido/Details?STAY
➡️ Select the appropriate pool you joined and press the "CLAIM" button.

🥰 Thank you for continuing to support the BSCS team and stay tuned for further updates.

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion

📣 Dear Community, 🔶 BSCS is honored to introduce 🙃 Mey Network- A global tokenized platform revolutionizing real estate investment, management and transactions - will launch IDO on BSCS this November 🔥

💎 Token Details
🙃 Ticker: $MEY
🔵 Chain: Base
💰 Total Supply: 2,300,000,000
💲 IDO Price: $0,022
🪙 Initial Market Cap: $1,701,172

🗓 IDO Schedule
✅ IDO Rule: Vanguard
🔶 Total Raise on BSCS: $250,000
🛍 Join Mey Network IDO HERE

💎 First Come, First Served Round
⏰ Time: 9 AM, 6th November - 8 AM, 7th November (UTC)

💎 Claiming & Listing Schedule
⏰ Listing date: 8th November (UTC)
🔶 Token Claim on BSCS: 8th November (UTC)
💰 Vesting: 25% at TGE, cliff 01 month, then 75% daily vesting for 2 months

✨ Important Note:
🤑 All users participating in $MEY IDO, whether refunded or not, will receive an additional 1% USDT bonus.

📔 Mey Network Full Research

🙃 Mey Network Official Media Channels
Website | Twitter | Telegram Channel | Telegram Group | Facebook | Youtube

🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion