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BrainDAO

BrainDAO is the governing DAO of the ecosystem. BrainDAO's mission is to build a more intelligent future through the IQ token. The DAO is collectively made up of all IQ token stakers and governs the token. On October 11, 2022, BrainDAO launched , the world's largest cryptocurrency encyclopedia.

Overview

BrainDAO was formed in December of 2021 with the mission of building a more intelligent future through the IQ token. The DAO manages the IQ token which powers the IQ.wiki platform. BrainDAO also acts as the treasury of the IQ token and is governed by IQ stakers. BrainDAO is led by Galaxy Brain and Chief Brain Officer . Blockchain Developer works with Cesar to manage BrainDAO's team of designers, engineers, and project managers.

IQ.wiki

On October 11, 2022, BrainDAO launched IQ.wiki, the world's largest cryptocurrency encyclopedia. IQ.wiki is the flagship of the IQ ecosystem. For more information on IQ.wiki see the .

IQ Token

On November 1, 2022, BrainDAO implemented the largest update to the IQ infrastructure and tokenomics since its launch in 2018. For more information see the .

Treasury

BrainDAO’s portfolio of , IQ tokens, , blue chip , and other digital assets back the value of the IQ token. By September 2022, the BrainDAO treasury amassed over $2 million in wrapped ethereum and over $5 million in total assets. The IQ token is backed by the BrainDAO treasury and the treasury is fully governed by IQ token stakers. The treasury accumulated ETH over time through Pro bonds. The BrainDAO treasury has also accumulated stablecoins through the Time-Weighted Average Market Maker (TWAMM) on Fraxswap.

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BrainApe

In May 2022, BrainDAO acquired #9665, a rare 4T pink fur Ape who the DAO named BrainApe who serves as the mascot for BrainDAO and IQ.wiki.

BrainApe is officially owned by all IQ holders and BrainDAO is able to use the ape's IP to create derivatives for IQ stakers. BrainDAO is also able to mint and claim NFTs reserved for BAYC holders. The acquisition of BrainApe happened after IQ stakers voted in favor of a proposal to acquire Blue Chip NFTs like Bored Apes titled IQIP-10: BrainDAO To Acquire Blue Chip NFTs to Distribute NFT Derivatives and Intellectual Property to IQ Stakers.

In May 2022, IQ stakers also voted to give Bored Ape #9665 the name BrainApe. The community voted to name the ape with their HiIQ from the following options: BrainApe, BrainiesApe, BrainyApe, and High IQ Ape.

In August 2022, BrainApe became available for licensing on feature.io, a Web3 studio and licensing platform that has worked with Coinbase, Netflix, and more. BrainApe can earn licensing fees for BrainDAO by becoming the star of the film franchise, videogame, TV series, clothing brand, or advertising campaign.

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