H2Q DAO

Mission

The participants are united by our mission to build a hyperstructure useful for humans that will exist indefinitely and improve with increasing scale.

The H2Q DAO is a community-driven ecosystem that aims to give HERO2QUEST members control over their NFT assets through key offerings:

MEMBERSHIP

Only H2Q DAO members are allowed to add content to the game, submit ideas, suggestions and votes. H2Q ownership is the only requirement for DAO membership.

Income funds H2Q

The H2Q Foundation is the base foundation on which H2Q Token holders in the H2Q DAO can build new floors of the h2q dapp.

The goal of the H2Q Foundation is to effectively manage and support the growth and development of the H2Q ecosystem. The fund is controlled by a multisig wallet to pay its expenses in accordance with the decisions of the H2Q DAO and provides H2Q Token holders with a collaborative infrastructure.

Any revenue coming into the H2Q coffers should be used primarily to ensure the long-term viability of H2Q, and to fund the continued development and improvement of the H2Q system. Funds not reasonably required to achieve this goal may be used to fund other public goods within web3 at the discretion of DAO H2Q.

DAO H2Q may offer grant funding for a non-H2Q public good, as long as it does not affect the long-term viability of H2Q.

The QUESTNETWORK Foundation is the underlying foundation upon which H2Q Token holders in the H2Q DAO can rely on the liquidity of their assets through the growth of the questnetwork.io network.

Hero2Quest project management.

Smart contracts for DAO are deployed in accordance with the roadmap.

The H2Q.space website is the hub of the DAO, providing an interface for DAO members and providing access to the governance process and the channels below.

H2Q Forum —all ideas for improving H2Q and all related products (Hero2Quest, QuestNetwork, etc.) are submitted as a Discourse post. Before a post is released to the community, it must be confirmed by a moderator that it complies with the rules set by the H2Q DAO. H2QCoin holders must go through the wallet authentication process in order to post ideas or leave feedback on ideas in the comments.

SMV (Soft Majority Voting) - is a decentralized voting system. Draft proposals that have passed the relevant approval processes become available for voting on the SMV. This provides flexibility in how voting rights are calculated. SMV supports various types of voting to meet the needs of H2Q DAO. H2Q Token holders must go through the wallet authentication process in order to vote.

you can vote:

• Vote for content (approval of items and characters for NFT-HERO)

• How community treasury should be used to reward NFT HERO

• Holders and the wider H2Q community

• Grants for game content authors HERO2QUEST

• Partner Grants

• Grants for RND

• Treasury management.

GOVERNANCE

To promote decentralized community management for the network, H2Q will allow holders to create and vote on chain management proposals to determine future NFT-HERO functions and/or parameters (voting rights are limited exclusively to voting on NFT-HERO functions;

H2Q holders the right to vote on the operations and management of the Company, its affiliates or their assets or the disposal of such assets to token holders, or to elect the board of directors of those entities, or to determine the direction of those entities.

Voting

The HERO2QUEST ecosystem uses the H2Q token, a blockchain-based token .... , as the primary token for managing the H2Q DAO.

The H2Q token will open up the entire experience to the community. Those who own the H2Q token get additional access to unique benefits -

Governance. Given the nature of a decentralized autonomous organization (DAO), H2Q strives to provide a full and high-quality governance structure.

Decision-making. H2Q token holders will be invited to actively participate in the governance of the H2Q DAO.

Community Rewards. The core H2Q team will focus on building the H2Q community to the point where the community can take control of individual decisions. This will be a phased decentralization of management with an initial phase focused on building and rewarding the community.

Events for H2Q token holders. Special quests will be in addition to the many core quests offering rewards in NFT game assets from the HERO2QUEST collection.

Social utility. Following the token generation event (TGE), H2Q offers a number of opportunities available to the fanfiction and fanart communities

H2Q token owning community. The initial experience is a dedicated Discord channel of the H2Q token holder. Discord, which is only available to H2Q token holders This channel will allow you to discuss current and future partnerships directly with token holders.

Voting system

H2Q users have the opportunity to vote on proposals submitted by the community, including: future grantees, partnerships, cross-network integrations, DeFi collaborations, and more. Note that in off-network governance, votes serve as an optional signal, not binding decisions. The H2Q token contract itself is immutable, with no administrative functions.

Process and Requirements:

Discussion/Community. Community members interact, post and comment on management suggestions in the H2Q forum.

Make a suggestion. Proposals are first posted in the H2Q Community Forum for discussion and feedback. Proposals must be posted in the forum at least 48 hours before submission.

Test ideas. Community members submit ideas or proposals for a test, which is similar to an offline litmus test vote to see if a proposal has serious support or engagement. There is a series of these facilitated votes before a formal management proposal is allowed.

Submit the proposal. For a proposal to be valid, the applicant must have at least 10,000 H2Q. f you do not have the necessary H2Q to create and submit a proposal, it is recommended that you seek support through H2Q Forum and others may submit a proposal on your behalf.

Formal Proposal. If the proposal passes all snapshot tests, it is submitted as a formal management proposal in the form of generated content sent to the H2Q smart management contract. H2Q token holders vote to accept/reject. If the proposal fails, the attached content is not uploaded. If a proposal reaches the voting threshold, it is automatically executed after a two-day time period.

Voting and Quorum. SMV (Soft Majority Voting) is a voting system in which decisions are made by majority vote. In other words, voting is focused on the users interested in the development of the project.

Functioning of SMV

The voting system is implemented on smart contracts with binding parameters, so all members of the community can see the results of the vote. This reflects the principle of transparency of voting.

The difference between the number of positive and negative votes is the basis of the system. SMV works in the following way: voting is time-limited, nobody waits for all participants to cast their vote. If about 30 percent of participants vote for a proposal and 70 percent of participants do not vote at all, the proposal is accepted.

If all participants express their views, the system will work on the principle of majority vote: 50 percent + 1 vote.

Votes are taken by simple majority. Approved Collateral Agreements: In order to be eligible to vote, H2Q must be directly owned or pledged in the approved collateral agreements listed below. New collateral managers may be approved during the management process.