What is it?
Token: AMBAMB, or AirDAO, is an ERC-20 token built on the Ethereum blockchain. It is primarily used as a governance token, allowing its holders to participate in the decision-making process of the AirDAO platform. This includes voting on changes to the protocol, the development roadmap, and the allocation of resources.
Platform: AirDAOAirDAO is a decentralized autonomous organization (DAO) aiming to provide a platform for decentralized applications (DApps) and other blockchain-based services. It is an ecosystem that offers necessary tools and infrastructure for developers to build and deploy their DApps. It may also provide a marketplace for trading digital assets and a platform for raising capital through initial coin offerings (ICOs) or security token offerings (STOs).
What is it used for?
The AMB token is used for governance in the AirDAO ecosystem, enabling its holders to propose and vote on changes to the platform. This decentralized approach to governance allows for a more democratic and transparent management of the platform.
Who created it?
AirDAO, also known as Ambrosus Ecosystem, was co-founded by Angel Versetti and Stefan Meyer.