PowerDAO

https://youtu.be/t16gy9eT_sw

Absolutely NO toxins will be tolerated in our distributed products - not from farmers, wholesalers, or producers. And the proof of results from our bottom-up, decentralized food standards protocol will be published via blockchain and fully accessible to our members.

Because our network marketplace will eventually offer a wide range of products from companies throughout the world, the process of finalizing the organizational framework (charter, agreements, etc.) has been very complicated — involving research and consultation in multiple countries to ensure an alignment of legal rights and economic outcomes for participants. Since the entire ecosystem will need to be as decentralized as possible to overcome all the current and emerging market challenges, it’s critically important to get our organizational infrastructure as solid and precise as possible from the start. This is a considerable burden due to the nature of decentralization, since all elements of the organizational design must be fully determined prior to launch (as unfortunately, the structure will be extremely difficult to adjust post-launch). Nevertheless, despite the high degree of complexity, this structuring work is nearing completion and promises to deliver a decentralized global ecosystem of tremendous power and resiliency that will be capable of delivering exceptional benefits to its members and operating sustainably in every country of the world.

Given the decentralized interdependencies of each component needing to coordinate with every other component, all MVault operations and all customer support are on hold until the official launch. Upon launch, several new ecosystem-related websites will open, including new websites for MVault and GreenPower. As we get closer to the launch period, you can expect to be contacted via email with specific instructions about the marketplace network and then soon after about the PowerDAO. Until that time, general announcements will appear periodically here on Telegram.

Overall, our community is poised to provide a set of solutions for the world economy unlike anything that has come before it, including: a P2P incentivized global marketplace, a satellite-based food production management system, an innovative system of stable value exchange, and a powerful DAO-base self-governance system — all powered by a full array of “Judgement Day-Proof” decentralized infrastructure. The scale and breadth of what’s on the way is likely to surprise (and delight) every member of our community. Best of all, members holding GRN are nearly in position to begin receiving the long-anticipated rewards for their years of commitment and patience.

UPDATE - Wednesday, Nov. 29th

It’s acknowledged that a community update is long overdue. The source of delay has to do with the unique structure of the overall project, its current state of development and the nature & terms of a global collaboration involving an increasing number of companies and organizations. This set of dynamics has made it very challenging to post the kind of substantive update and firm timeline that our community deserves. And although we had also previously agreed within the community that “announcements of coming announcements” should be avoided, under the current circumstances, an update of a more general nature will have to suffice at this time.

Over the past several months, solid progress has been made on select ecosystem components — including groundbreaking work by multiple development teams on the marketplace network, the system of DAO governance and elements of the underlying decentralized infrastructure. In addition, the formation of a strategic alliance of agriculture and food production companies has been underway in Thailand.

Given the scale of what is being developed, the complex interdependencies, and the increasing number of collaboration partners, a formal launch of the project will not be possible until the first half of 2024. White papers and formal timelines for the various components of the project will start to be published in early 2024.

Inevitably, the further delay of the launch of this new era of our ecosystem (and in particular, the added delay of access to PowerDAO operations) will be a source of disappointment within the community. In these circumstances, it is worth remembering something that was covered in previous communications: to ensure successful outcomes for everyone holding GRN, the PowerDAO must open alongside at least one of the two major projects planned for the ecosystem (i.e., the marketplace network and the food security platform). Without the context of at least one of those two projects, there will not be adequate enough value and utility to support the anticipated market dynamics. The silver lining to this situation is that those two major projects will now be working in combination and will launch together, since it was recently agreed that food products will be the first products to be offered within the marketplace network.

The aforementioned strategic alliance in Thailand will play a foundational role in establishing a global system of value exchange initially featuring the production and distribution of food products. Thailand is a logical starting place for the food alliance, given its excellent climate, high quality food production, and wonderful culture. Multiple Thai production companies have already started working with us, and thousands of Thai farmers as well as many other wholesalers and food production companies are expected to get involved in the coming months. It’s also anticipated that soon after its launch, the alliance will quickly expand to include farmers, wholesalers and food production companies operating from within a number of other countries.

It’s also important to emphasize that each participating collaborator in this alliance will be incentivized to purchase various amounts of GRN (with each threshold conveying additional benefits) since GRN will be fundamental to the operations of our global food alliance as well as the utility token of the entire ecosystem. In addition, multiple corporate members of this alliance have already committed to making significant purchases of GRN and investments in ecosystem infrastructure.

Also, as part of the food alliance, a system of global standards will be established to promote excellence in the growth of agriculture and production of food products, ensuring all are clean, pure and healthy. Unlike with conventional agriculture and food production processes throughout the world today, the food products distributed through our network will NOT contain any substances that are poisonous for humans or animals.

*Green Community Update*

You are invited to a Zoom webinar.
When: Jun 30, 2023 15:00 UTC, 10:00 PM Bangkok
Topic: Green Community Update

Please click the link below to join the webinar:
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Or One tap mobile :
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https://forms.gle/WDjiQT9kq9TPLxsB6

A few words about why Jivaka will be the first product in the upcoming launch of the ecosystem's Web3 fulfillment system and affiliate supernetwork.

1. Jivaka is a product that many within our community are familiar with and many have known its health benefits first-hand over the past two years.

2. Jivaka will be a great benefit to people all over the world (especially during these challenging times) by providing them with access to the healing effects of herbs.

3. Jivaka is a single product that will be purchased in bulk and comes in two different portable formats, making it ideal for testing the functions and capacity of our upcoming Web3-based fulfilment system to deliver physical products throughout the world.

4. Jivaka’s ingredients and the farmers growing those ingredients in Thailand will play prominent roles in the first pilot program for our global food security platform, launching in the second half of this year. (The first official announcement about this project will be made in May.)

5. Jivaka fits well into our Community Ethics, as it provides sustainable support for virtually everyone’s long-term health.

Helping human health with the miracle of healing herbs is a mission that will propel our community to great success throughout the world.

Hi Everyone,

You are invited to a Zoom webinar.
When: Apr 14, 2023 15:00 UTC, 17:00 European, 10:00 PM Bangkok
Topic: Green Community Webinar

Please click the link below to join the webinar:
https://us02web.zoom.us/j/81367993620?pwd=WjgzV0ZLSUNSVlhtVGwzV1lFeElkQT09
Passcode: 424691
Or One tap mobile :
US: +13017158592,,81367993620#,,,,*424691# or +13052241968,,81367993620#,,,,*424691#
Or Telephone:
Dial(for higher quality, dial a number based on your current location):
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Webinar ID: 813 6799 3620
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International numbers available: https://us02web.zoom.us/u/kcMbVBAr8a

UPDATE: Considerable progress has been made on the smart contracts for the two DAOs. Core development of the GreenDAO smart contract has been completed, and it is currently undergoing testing. Despite its higher degree of complexity, the PowerDAO contract has also been proceeding fairly smoothly, with no major problems encountered so far. Nonetheless, the team has fallen behind on their projected schedule during work on the governance pools, which represents the most demanding and important segment of the PowerDAO contract. Consequently, additional time will be needed to complete the development of the PowerDAO contract and to make select adjustments in response to the recent hack of MyAlgo. The revised launch date for the two DAO contracts is Friday, May 26th. Upon the launch of these smart contracts, digital wallets holding GOV will be able to choose between swapping for GRN tokens or using their GOV tokens to participate in the DAO governance process (earning rewards in the process). A Power Network white paper will be published prior to the launch of these contracts and will provide all the relevant details about the DAO smart contracts.
 
The Algorand Foundation is recommending that MyAlgo wallet holders (not operating with Ledger devices) rekey their wallets to Pera wallet (https://twitter.com/PeraAlgoWallet/status/1630284001561681920) or Defly wallet (https://twitter.com/deflyapp/status/1630576504424783872). According to the Algorand team, MyAlgo users who are operating with Ledger devices can continue to safely use MyAlgo to interface with the Algorand network. To date, digital assets held in MyAlgo wallets by members of this community (specifically, GOV and PWR tokens) have NOT been affected by the MyAlgo hack. It’s also important to emphasize that this was NOT a hack of the Algorand blockchain, but of a specific wallet provider.

The first two major initiatives built to operate on the Power Network remain on schedule to launch in the second quarter of this year. An expansion of MVault will facilitate the operation of these initiatives. More about these projects will be shared in the coming weeks.

For example, each country’s GSTP operating group will be required to stake a certain amount of GRN tokens to secure their park charter. GRN tokens will also figure prominently in the referral rewards programs that will operate as part of the GSTP network.
 
Visit the Park in Thailand: As part of the GSTP charter process, members of each operating group will be invited for an intensive visit to the Thai park in preparation for operating a GSTP in their home country. Thailand’s GreenPower Science & Technology Park will have on-campus accommodations, and all Green Community members are encouraged to visit and stay on campus once the Park opens.
 
Integral Role in Upcoming Project: As you learn more about the GreenPower Science & Technology Parks, you’ll come to understand how the global network of GSTPs will play a very important role in one of the two major projects that I spoke about in my recent holiday message. That announcement can’t be made yet, but what I can share with you right now is that project’s theme: Global Food Security. It’s a truly exciting project that has the potential to make a profound impact on the supply and quality of food throughout the world. I really look forward to sharing all the details with you soon!

Announcing:
 
GreenPower Science & Technology Park
 
GreenPower Science & Technology Park (GSTP) will be one of the first Science and Technology Parks in the world to meaningfully integrate the digital economy. While virtually all the world’s 700+ science and technology parks are location-specific real estate developments, GSTP will be a global network of science & technology parks that fully leverages the power of digital technology – and is governed by a DAO (GreenDAO). The first park will be established in Thailand, followed by several parks in other Asian countries, and then global expansion to countries throughout the world.
 
The mission of GreenPower Science & Technology Park is to harness the power of emerging technologies and applied sciences to improve people’s lives. To realize this mission, GSTP will stimulate and manage the flow of knowledge and technology amongst universities, R&D institutions, companies, entrepreneurs, and markets; facilitate the creation and growth of innovation-based companies through incubation and spin-off processes; cultivate the development of principled entrepreneurs; and provide other value-added services together with high-quality workspace and state-of-the-art facilities.
 
The first park, GreenPower Science & Technology Park (Thailand), will launch later this year on a 47-acre site, located about 40 minutes outside of Bangkok.
 
Thai Park Overview: The master plan of the Thai Park incorporates sustainability planning and green building design best practices. The Park will have four sections (developed in phases):
 
Agricultural Technology, Food Science & Environmental Science
·      AgTech Lab (indoor grow facility, soil & plant testing, research lab)
·      Processing Center  (state-of-the-art food processing facility)
·      Manufacturing Center (fertilizer manufacturing plant, technology pilot plant, materials lab)
·      Regenerative Farm (outdoor regenerative farming facility)
·      Food Security Center (food lab, product formulation kitchen, dining area, meeting rooms, offices)
 
Systems Science & Digital Technology
·      Data Center (digital network services facility, Power Network microsite)
·      Digital Lab (computer labs optimized for AI, robotics, Web3)
·      Systems Pavilion (auditorium)
·      Innovations Center (collaboration space, meeting rooms, offices)
·      Media Center (audio/video studios, library, study rooms)
 
 
 
Technology Management & Entrepreneurial Science
·      Trade Center (exhibition space, meeting rooms, offices)
·      Logistics Center (automated packaging, storage, packing, shipping facility)
·      Entrepreneurs Center (restaurant, entertainment areas, store, offices)
·      Science & Technology Museum (innovative exhibits of sci-tech history)
·      Outdoor Classroom & Teambuilding Course
 
Human Health, Applied Social Sciences & Ethical Artificial Intelligence
·      Health Lab (research lab & testing facility, offices)
·      Design Center (collaboration space, product design & UX facility, meeting rooms, offices)
·      Wellness Center (pool, gym, spa)
·      Solutions Center (meeting rooms, focus group facility, offices)
·      Residential Hall (on-campus housing facility)
 
Managing GSTP Development: GreenPower Global will manage the development and operation of the GSTP in Thailand. GreenPower Global will also offer opportunities to license a range of products to the subsequent GSTPs operating in countries around the world. These will include extended shelf-life (freeze-dried) food products, herbal products (e.g., Jivaka), and organic soil amendments (soil supplements). Within certain arrangements, GreenPower Global will provide pre-blended materials to the country-specific GSTPs, which can then be assembled, packaged into finished products and marketed within their respective countries.
 
Institutional Partnership: A unique partnership between GSTP and an innovative educational institution is in the process of being finalized.
 
GRN Token Integration: GreenPower tokens will provide strategic utility throughout the GSTP network.

BETA LAUNCH: The beta website for the Power Network has launched:

https://power.network

BETA RELEASE: The first part of the transfer process is officially open now. This process enables you to receive your GOV and PWR tokens in your designated Algorand wallet (Pera, MyAlgo, AlgoSigner).

The transfer process has been reported to be “very smooth and easy” and “very seamless” by members of the Admin Team, who have been alpha testing it. There was a 100% success rate among the admins who attempted the transfer process.

To ensure you are successful too, here are a few pointers:

Device Selection: If you’re using a Pera wallet, you can start the transfer process on a pc or tablet and use the wallet on your mobile phone to sign the transactions. If you’re using a MyAlgo or AlgoSigner wallet, the entire process needs to be performed on the same device, so make sure you can connect to your wallet on the device you choose to use to start the process.

Receive Address: Have the receive address of your wallet copied and ready to paste where prompted.

Check Spam: Be sure to check for the email message from MVault in your spam folder or in the Promotions inbox (if you’re using Gmail).

“Start Transfer” Button: Midway through the process you will be asked to click a “Start Transfer” button. Please only click this button ONE TIME. Wait patiently after clicking it ONCE — this is when five blockchain transactions are being assembled simultaneously. It can take several seconds to cue everything up and present the transactions in your wallet.

5 Approvals, 1 Signature: You will be asked to approve five (5) transactions individually and then will need to provide one digital signature to authorize the group of five transactions.

Do-Over Option: If you make a mistake or run into an issue along the way, you can wait 10 minutes and then start the process over from the very beginning. (The system automatically resets your account after a 10-minute lapse in the process.)

Pictorial Step-by-Step: A pictorial instructions document is on its way and should be available by tomorrow. This pdf document will show visuals of the process within the three different wallets, which may help to better orient some of our community members.

Take Your Time: It really is an easy process. Just take your time, and know that help is available through [email protected] as well as from the admins in the Green Community Telegram channel.

To begin the process, just go to:

https://mvault.io

OVERVIEW: With the solution soon to be released to our community, a brief review of the dynamics that led to the current situation may be helpful for some community members.

As many will recall, by mid-2020, it became clear that our proprietary blockchain (Powerchain) would benefit from greater security, and Ethereum was chosen to serve as our new blockchain network due to its world-class security as well as its highly developed ecosystem.

However, soon afterward, there was a tremendous increase in the usage of the Ethereum network, which quickly drove up transaction costs to unprecedented levels (USD $15+ each).

A referendum was held within our community to decide how best to complete the migration given Ethereum’s exorbitant transaction costs. The outcome of that referendum led to the creation of a staking initiative on MVault, which provided a GOV token for every staked GRN token, and daily emissions of PWR tokens for every staked GOV token.

With that staking arrangement now coming to a close, a transfer process will soon be underway that will enable each community member to receive their tokens in an Algorand wallet. The Algorand network provides world-class security while also offering inexpensive transactions (at less than USD $0.01 each). Even with the recent completion of the Merge, the continued high demand and limited capacity of the Ethereum network will likely keep its transaction costs excessively high for at least the next several years.

Consequently, from this point forward, Algorand will serve as our community’s operating layer (for all future development and the operation of the PowerDAO), while Ethereum will serve as the community’s settlement layer (for enhanced liquidity and greater DeFi opportunities).

To facilitate this transition, a two-part solution has been designed. In the first part of the solution, any member of our community who establishes an Algorand wallet will receive their current balances of GOV and PWR tokens.

In the second part of the solution, smart contracts for the PowerDAO and GreenDAO will facilitate additional activity. Once these contracts are available, accounts with GOV balances will be able to choose from the following:

1. Swap GOV tokens for GRN tokens - this will be a 1:1 exchange that can happen at any time once the contract is available [a GOV token must be submitted (and sacrificed) to the contract to receive back a unit of GRN] ;

OR

2. Commit GOV tokens to one of the six governance pools, participate in the PowerDAO governance process, and thereby earn more GOV tokens;

OR

3. Any combination of #1 and #2, exchanging an amount of GOV for GRN and committing other amounts of GOV to one or more of the governance pools.

There will be a range of opportunities opening up to use the PWR tokens that have been accumulated. These serve as a form of credit as well as a staking asset in the Power Network.

In addition, a bridge between the Algorand and Ethereum networks (for both GRN and GOV) will be available, enabling token conversions in either direction.

ANNOUNCEMENT: Regarding the first part of the solution, an announcement will be made in this forum on Wednesday, September 21st to officially open the beta release to everyone in our community. To receive your tokens, you will need to provide the receive address of your Algorand wallet (Pera, MyAlgo or AlgoSigner) and authorize a transaction. Any issues encountered during the process can be submitted to [email protected], where help will be standing by.

UPDATE: Mainnet testing is now underway but got started later in the week due to the need to test additional configurations on the testnet. Mainnet testing should go smoothly from here. Expect the beta release next week.

UPDATE: More testing required. Beta release should happen next week.

UPDATE: The devs ended up needing an additional battery of testing on the testnet. This will push the release date slightly. Next up is mainnet testing. Provided that goes smoothly, the revised beta release date should be this Friday.