New Order (NEWO) is a DAO ecosystem designed to function as a launchpad that helps create a fully accessible multi-chain DeFi at its core with a vision for a combined financial ecosystem. According to its whitepaper, the DAO supports early-stage projects that align with its focus on a host of innovative new-age asset classes, including data-driven tokens, NFTs, and more. The platform aims to provide an ecosystem that is not limited by interoperability and allows liquidity to enter the market freely, thereby fostering the growth of the financial ecosystem in DeFi.
The goal of creating New Order is to build an autonomous incubator that helps DeFi innovation by fostering new asset classes, chain independence, and machine learning. The community includes some of the most accomplished and respected DeFi and Web3 professionals and projects. The platform believes that only by embracing collaboration, non-segmentation, and multi-chaining on its foundations can the great opportunities of decentralized finance be provided. Web3 has leveraged collaboration and community contributions rather than the oligopoly witnessed today. The vision has not yet been widely developed in the blockchain space and is thus primarily limited by the lack of interoperability, so the team is introducing a new order.
NEWO token is the native token of New Order platform. Token holders have governance rights, allowing their holders to participate in and orchestrate the incubation and acceleration of the new order. NEWO funds are professionally managed by the Treasury Sub DAO, ensuring a risk-adjusted approach to fund growth. New Order funds are divided into operating and non-operating assets with unique strategies to ensure compound fund accumulation. NEWO holders vote on the strategy employed, including assets such as stablecoins, large-cap cryptocurrencies, incubation project tokens, and NEWO itself.
The total supply of New-Order (NEWO) tokens is eight hundred million.