MakerDAO unveils 5-Phase Roadmap, prioritizing AI projects and new blockchain development

MakerDAO has announced its roadmap for the future

MakerDAO, the organization behind the Dai stablecoin, has announced its roadmap for the future, highlighting a strong emphasis on artificial intelligence (AI) and the development of a new blockchain. The roadmap, named “Endgame,” outlines five phases of progress.

In the initial phase of Endgame, MakerDAO will embark on a comprehensive rebranding effort to unify the Dai stablecoin and Maker brands. Notably, Dai and MKR will remain unchanged, while the organization plans to introduce two new tokens, provisionally named “NewStable” and “NewGovToken,” which will feature enhanced functionalities.

Moving forward, the centerpiece of the roadmap is the launch of six “Maker SubDAOs” and associated NewStable token farms. These subDAOs, categorized as facilitator and allocator DAOs, aim to streamline Maker Governance’s operations and reduce complexity.

Phase three of the roadmap highlights MakerDAO’s commitment to AI. The organization will introduce internal AI tools to optimize governance tasks, including monitoring and data siloing. Additionally, MakerDAO plans to venture into the open-source AI development realm through “The Purpose Fund” project. This initiative seeks to support socially impactful industries and projects by providing free AI models and tools, promoting self-sustainable impact.

The fourth phase entails the implementation of the “Governance Participation Incentive,” an ecosystem incentive program. By incorporating gamification elements and rewards, MakerDAO aims to incentivize user interactions on its platform, fostering engagement and community growth.

Lastly, MakerDAO aims to create its own proprietary blockchain, named “NewChain.” Rather than replacing the existing Ethereum blockchain, NewChain will be integrated through a secure bridge. This approach ensures the continued functionality of Dai, MKR, NewStable, and NewGovToken on Ethereum while safeguarding against power attacks or abuse by majority holders through the utilization of hard forks as a governance mechanism.

About MakerDAO 

MakerDAO is an open-source project on the Ethereum blockchain and a Decentralized Autonomous Organization created in 2014. The project is managed by people around the world who hold its governance token, MKR. Through a system of scientific governance involving Executive Voting and Governance Polling, MKR holders manage the Maker Protocol and the financial risks of Dai to ensure its stability, transparency, and efficiency. MKR voting weight is proportional to the amount of MKR a voter stakes in the voting contract, DSChief. In other words, the more MKR tokens locked in the contract, the greater the voter’s decision-making power.

For more information about MakerDAO visit their official website and follow them on Twitter

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