Foundation and Token Launch

Phase 1: Foundation and Token Launch

Focus: Laying the groundwork for the Desmos ecosystem, launching the $DESMOS token, and establishing core decentralized services.

• Key Initiatives:

  • Solana Smart Contract Development: Develop and audit the core Solana smart contracts that will power the Desmos Network.

  • Desmos Node Network Bootstrap: Incentivize and deploy the initial set of Desmos Nodes to ensure network security and stability.

  • Decentralized Domain Name System (Initial Version): Launch a basic version of the decentralized DNS, allowing users to register and manage domain names for RPC endpoints and other decentralized services.

  • IPFS Integration: Integrate IPFS for decentralized data storage and retrieval, forming the foundation for Desmos Cloud Solutions.

  • Desmos SNS Gateway (Prototype): Develop a prototype of the Desmos SNS Gateway to facilitate communication and data transfer within the network.

  • $DESMOS Token Launch:

    • Conduct a fair and transparent token generation event (TGE) for the $DESMOS token.

    • Establish initial liquidity pools on decentralized exchanges (DEXs).

    • Implement staking and rewards mechanisms to incentivize community participation and network security.

  • Community Building: Begin building a vibrant community of developers, users, and partners through outreach, education, and engagement initiatives.

  • Whitepaper and Documentation: Release a comprehensive whitepaper and detailed documentation outlining the technical architecture, tokenomics, and governance model of the Desmos Network.