# DAO Related Articles

HTX News Center provides the latest articles and in-depth analysis on "DAO", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

A 'Headhunting Scheme' Disguised as a Beauty Pageant: How Huobi HTX Uses 'Her Power' to Reshape Its Ecosystem's Soft Power?

Summarizing the provided Chinese article about the HTX "First Lady" competition into a concise English abstract. **Abstract:** Beyond the Beauty Pageant: How HTX is Leveraging "Her Power" to Reshape Its Ecosystem In the crypto world, female leaders like Binance's He Yi, Bitget's Gracy Chen, and HTX's own Molly have proven to be pivotal forces. Against this backdrop, HTX's third "First Lady" competition has concluded, revealing itself to be far more than a traditional beauty contest. It functions as a strategic talent pipeline and "headhunting operation" for the exchange. Five winners were directly offered roles within the HTX ecosystem, moving from contestants to core builders. Their recent "debut" showcased their focus on solving real Web3 challenges: improving UX, community culture, and bridging cultural gaps. Their newly defined roles are highly practical: * **PP (Champion):** Ambassador for SunX, acting as a dedicated point of contact to simplify complex concepts for users. * **Olivia (Top 4):** HTX DAO Community Culture Ambassador, fostering engagement and breaking down barriers between the official platform and its users. * **Gun Gun:** Key Account Manager, providing warm, professional service and asset advice. * **Yiyi (Runner-up):** Cultural Ambassador, acting as a bilingual bridge between Chinese and global communities. * **Saki (Creativity Award):** Crypto Culture Ambassador, using creative content to make crypto more accessible. This initiative is validated by the "hardcore" career growth of past winners, who have evolved into essential roles such as official hosts, business development managers, and DAO philanthropy ambassadors, demonstrating a successful long-term strategy of converting visibility into value. Ultimately, HTX is redefining the role of women in Web3—from being seen to being indispensable builders. The program dismantles stereotypes, proving that "her power" is a crucial, resilient soft asset for the ecosystem.

深潮Há 2 dias 06:47

A 'Headhunting Scheme' Disguised as a Beauty Pageant: How Huobi HTX Uses 'Her Power' to Reshape Its Ecosystem's Soft Power?

深潮Há 2 dias 06:47

Farcaster Is Not a Pivot, It's Evolution: The True Ambition from Social to Wallet

Recently, Farcaster co-founder Dan Romero announced a shift in the project’s focus from "social-first" to "wallet-first," sparking widespread discussion. While some interpreted this as Farcaster abandoning social features or even signaling the failure of Web3 social networks, the move is better understood as a strategic evolution rather than a pivot. Farcaster’s integration of a built-in wallet is not a replacement for social functionality but an upgrade to improve user experience. It enables seamless on-chain interactions, especially as Frames evolve into more powerful Mini Apps. This enhancement allows users to mint NFTs, execute trades, and engage with decentralized applications without leaving the app—reducing friction and supporting richer crypto-native experiences. The shift reflects a broader trend: social apps are integrating wallets, and wallet apps are adding social features. This convergence is becoming the natural direction for consumer crypto applications. By combining social graphs with built-in wallets and Mini Apps, Farcaster enables closed-loop scenarios for asset creation, discovery, trading, and community interaction—all within a unified experience. Other platforms like Telegram, Zapper, Base App, and Binance are also exploring similar integrations, highlighting the growing importance of blending social context with financial activity. Farcaster’s open and composable social protocol allows developers to build diverse clients and applications, further expanding its ecosystem. In summary, Farcaster is not moving away from social—it is enhancing it. The integration of wallet functionality aims to drive growth, improve utility, and solidify its unique value proposition in the crypto space.

marsbitOntem 17:21

Farcaster Is Not a Pivot, It's Evolution: The True Ambition from Social to Wallet

marsbitOntem 17:21

$RAVE TGE Countdown: When Clubbing Becomes On-Chain Economic Behavior, Web3's Breakout Moment Truly Arrives

RaveDAO, a leading Web3 electronic music event organizer, is emerging as a decentralized global entertainment ecosystem. Having successfully hosted over 20 events worldwide with more than 100,000 participants and 80 million online impressions, it has generated $3 million in revenue in 2025 through diverse streams including ticket sales, sponsorships, and NFT memberships. The project is launching its ecosystem token, $RAVE, to deepen connections among participants, artists, brands, and fans. The token will serve as the economic backbone for a participatory economy, enabling functions such as staking for licensing rights, event payments, governance voting, and community rewards. With a total supply of 1 billion tokens, its distribution is heavily community-focused, and a deflationary mechanism is supported by using a portion of event profits to buy back and burn tokens. RaveDAO distinguishes itself by lowering the barrier to Web3 through seamless user experiences, like effortless NFT ticket minting and fiat payment options, and by building a culturally-driven, open ecosystem. Its expansion plan includes 50 global chapters by 2027. The recent sold-out Genesis NFT membership mint further highlights strong community support as RaveDAO positions itself at the intersection of culture, entertainment, and Web3 adoption.

深潮Ontem 02:07

$RAVE TGE Countdown: When Clubbing Becomes On-Chain Economic Behavior, Web3's Breakout Moment Truly Arrives

深潮Ontem 02:07

The Dark Side of Altcoins

The article "The Dark Side of Altcoins" argues that most cryptocurrency tokens inevitably fail due to a fundamental structural conflict between company equity and token holders. Most crypto projects are essentially traditional companies with equity-held founders, VC investors, and profit motives, which later issue a token. This creates irreconcilable incentives: equity seeks to capture value (revenue, profit, control) for the company and shareholders, while tokens need value (fees, buybacks, governance) to accrue to the protocol and holders. Equity almost always wins, leading to token value drainage. The piece highlights Hyperliquid as a rare success because it avoided VC equity financing entirely. Without a board or pressure to deliver value to shareholders, it could direct all economic value to its protocol and token. Legally, tokens cannot function like stocks without being deemed unregistered securities (if they offer dividends, ownership, etc.), which would trigger severe regulatory crackdowns. The optimal structure is one where the company holds no equity, captures no revenue, and all value flows to token holders via protocol mechanisms, with a DAO governing economic decisions. However, the only way to eliminate all conflict is to become a fully decentralized protocol like Bitcoin or Ethereum, with no company, no equity, and neutral, autonomously running infrastructure. The core issue is structural, not market conditions. Tokens are mathematically destined to fail if the project had VC rounds, private token sales, investor unlock schedules, or allows the company to capture revenue. Success requires value directed to the protocol, no VC equity, aligned founder/tokenholder incentives, and an economically irrelevant company. The solution is for investors to stop funding poorly designed projects. The future of the industry depends on capital flowing to projects with sound tokenomics, like those pioneered by Hyperliquid, MetaDAO, and Street.

深潮Há 17h

The Game Between Tokens and Equity: Revealing the Fundamental Conflict Behind Token Economics

The article "The Dark Side of Altcoins" by Crypto Dan explores the fundamental conflict between company equity and token holders in crypto projects. It argues that most projects are essentially companies with tokens, creating a structural conflict where equity (backed by VCs and boards) inevitably captures value at the expense of token holders. This leads to tokens trending toward zero despite project success. Hyperliquid is highlighted as an exception because it avoided VC equity financing, directing all economic value to the protocol instead of a corporate entity. The piece explains that tokens cannot legally function like stocks without being classified as securities, triggering regulatory issues. The ideal structure involves no company revenue capture, value accrual to token holders via mechanisms like buybacks, and DAO-controlled economic decisions. However, true alignment requires no corporate structure at all, akin to Bitcoin or Ethereum. The core issue is structural: tokens fail due to design flaws like VC funding, private sales, unlock schedules, or company revenue retention. Solutions require investors to stop funding flawed models and support projects like Hyperliquid that prioritize tokenholder alignment through thoughtful design.

比推Há 8h

The Game Between Tokens and Equity: Revealing the Fundamental Conflict Behind Token Economics