IDAVOLL DAO Monthly Newsletter- Dec 2023

Idavoll DAO
Jan 6, 2024

Product and Development Updates
* The team is developing a new algorithm for the voting mechanism. It will help users save petrol and be able to calculate votes on multiple chains and is currently 30% complete.
* Alpen’s backend service upgrade is 100% complete and will address high demand api requests during network congestion.
* The Bitcoin ecosystem is now considered to have the strongest community, currently at BRC20 $IDV is the first DAO inscription for the BRC20 ecosystem.

Some development issues explanation:

*NFT DAO product now allow all NFT project owners to create a DAO space after verification,which can use NFT picture to insert in the proposal.

*Due to the lack of liquidity in NFT,NFT DAO vault module development and staking&mining modul development need to be delayed or canceled.