The rapid rise of decentralized autonomous organizations (DAOs) poses significant challenges that impede their widespread adoption. High fees and poor user experience are the main barriers to adoption and currently prevent users from effectively utilizing DAOs.
M3 DAO has partnered with REI Network to build a solution to operational challenges within the current DAO ecosystem. By partnering with REI Networks, M3 DAO will be able to leverage zero-cost, lightweight technology provided by REI Networks to enhance the onboarding experience to Web3 solutions for its estimated 200,000 current global users.
Bridge the gap with zero-fee infrastructure
The foundation of this partnership is built on REI Network’s technical expertise and infrastructure capabilities. The REI Network was created to address the scalability issues of layer 1 blockchains with a zero-fee model that allows users to interact with dApps without high and variable transaction fees. The zero gas fee model brings M3 DAO to the entire community, giving them the opportunity to use dApps in a very different way.
M3 DAO provides governance models, asset management, and community incentive opportunities to its members through an EVM-based architecture built on the REI project. This is accomplished without burdening users with the costs associated with interacting with the underlying public blockchain. The focus on “smooth onboarding” is intentional to lower the barrier to entry into the M3 ecosystem for non-crypto native users.
Empowering 200,000 global members
M3 DAO has established itself as a strong competitor within the decentralized space and has a large number of active users around the world. The partnership will not only build a technology delivery model, but also expand global impact through “pure decentralized growth.” This is in line with the new direction of REI Network, moving from GXChain’s historical model to a more agile and faster network.
Recent industry trends indicate that a DAO’s success is increasingly measured by member activity rather than just Total Value Locked (TVL). By eliminating gas fees, M3 DAO encourages more frequent engagement, from voting on proposals to testing new Web3 products. This synergy is expected to create a blueprint for how large DAOs can migrate their operations to more efficient networks.
Decentralized growth for the future
The M3 DAO Alliance, in conjunction with the REI Network, represents a broader trend towards “lightweight” blockchains. The industry is moving away from requiring protocols to be resource-heavy and starting to focus on speed and interoperability as part of how they implement real-time governance models. Fast block generation and instant finality are built into the REI network’s architecture, enabling the use of M3 DAO’s planned real-time governance model.
Additionally, this partnership will give M3 DAO access to all the capabilities that make up the full scope of the REI network. The REI network is continually expanding with new partners who have access to grants and incentives for developers.
conclusion
The partnership between M3 DAO and REI Network represents a major step toward creating a comprehensive Web3 experience. M3 DAO decided to use a gas-free, high-speed environment to future-proof their business and establish a new benchmark for community-based development in the decentralized space. Industry experts will be watching this partnership closely to gauge how this frictionless rate will impact new user participation in Web3 systems.
