Our Role
The Phonon DAO is a decentralized organization entrusted to
support those building new applications with the open-source
Protocol. It oversees the processes when certifying hardware
(e.g., smart cards or eSIMs) and hardware manufacturers for
compatibility with the Protocol. The DAO votes on
governance proposals, manages the Phonon treasury and
it's members focus on improving and sharing the Protocol,
promoting the DAO community and the benefits of Phonon.
Our History
The first spin-out project of Consensys, GridPlus,
developers of the Lattice1 cold-storage wallet, established
The Phonon Protocol. In 2021, management of the Protocol was
transferred to the public by the establishment of the Phonon
DAO for the purpose of overseeing the Protocol,
bootstrapping participation and developing strategic
partnerships.
Now, as the governing body of Phonon, it is entrusted to
grow the Protocol and network of users into the world’s
premier, open-source transaction resource.
Our Plan
The Phonon protocol enables an infinite number of
opportunities for innovation! Our goal is to inspire
development for applications that our community deems most
useful and likely to achieve a product-market fit in the
medium to long-term. Our current plan is to launch the
'cash-like' payment product, which will enable peer-to-peer
transfers of digital assets. This approach is
ideal because we deploy a working version of the most
beneficial properties of the Phonon protocol, which will
help to inspire many other use cases!