Edgeware is a WASM-based smart contract platform. Participants in the network vote, delegate, and fund each other to improve the network.
We are implementing a community token distribution that gives away >90% of initial tokens. For more updates, sign up here:
Deploy smart contracts in a lower-stakes environment with real users and incentives.
Receive tokens for validating the network. Vote on chain upgrades and improvement proposals.
Create experimental organizations with hot-swappable voting, delegation, and fund management.
Test out scalability and security upgrades on an actively-governed staging network.
Edgeware will be launched via a lockdrop, a modified airdrop where participants timelock ETH to receive EDG.
The lockdrop will take place in early 2019, and will allocate >90% of tokens in the genesis block to participants.
Lockdroppers will be able to timelock their ETH for 3 months, 6 months, or 1 year. Participants will get 100% of their ETH back afterwards.
This broad token distribution will bring a wider set of participants into the governance process.
Effective on-chain governance requires new tech to be built: DAOs, economic mechanisms, cryptographic voting systems, and interfaces for collaboration.
Edgeware will build these systems through a process of recursive self-improvement. On-chain governance will be used to choose and fund improvements, and launch them on the network.