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Flipside Launches DAO Tool Called Badger

17 November 2022
in Latest News, News
Reading Time: 3 mins read
103 6
Home News Latest News

Flipside, a leading blockchain ecosystem growth and analytics company, has launched Badger, an essential solution for Web3 organizations.

Organizations can distribute Web3 keys to contributors and employees using Badger, allowing them to implement and control flexible group policies for their team’s decentralized tool stack.

One web3 feature that will *actually* improve how organizations are run is 𝘁𝗼𝗸𝗲𝗻 𝗴𝗮𝘁𝗶𝗻𝗴 (like by @guildxyz).

But what if you don’t have a token?

That’s like padlocking something when you don’t have the key.

So, we built https://t.co/K6PVX8i12J 🦡 🧵 [1/6] pic.twitter.com/oo6qVBCP9q

— Flipside🌲🍄 (@flipsidecrypto) November 16, 2022

Badger provides on-chain organizations with a permissions primitive that supports every use case, such as launching new DAOs or other organizations, delegating permissions, and distributing badges, all without requiring any code. 

Badger allows users to issue Badges representing tiered access gates within their organizations.

Drake Danner, Senior Operations Manager, Flipside Crypto, stated,

“There was a gap in the tooling market. We needed the ability to issue, revoke, and forfeit badges, delegate badge issuance and revoking permissions, and assign off-chain identities,” 

“With this gap remaining in the market, it seemed obvious to fill it — that’s where Badger was born.” 

The full range of on-chain organization tooling offered in the larger ecosystem is immediately accessible to any organization and can be integrated with Badger. Many on-chain tools provide layered permission via token-gating, but with Badger, organizations issue Badges that represent tiered access gates.

Organizations can instantly interact with the full range of on-chain organization tooling available in the larger ecosystem by modelling these permission levels with NFTs.

Chance Herriage, a developer at Flipside Crypto, remarked:

“Historically, badges have been little more than a way to flex one’s collection,” 

“But they can be much more than meaningless memorabilia jpegs…With the introduction of Badger, every on-chain organization and individual can enjoy the benefits of an improved badging ecosystem, on-chain access policy, and organization management tool.”

Badger is already being used by MetricsDAO, as well as other DAOs and Web3 organizations.

The launch of Badger follows the $50 million Series A funding round for Flipside that was just completed, which was led by Republic Capital and included True Ventures, Galaxy Digital Ventures, Dapper Labs, and 14 other venture capital firms.

 

If you would like to read more news articles like this, visit DeFi Planet and follow us on Twitter, LinkedIn, Facebook, and Instagram.

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Favour Udeo

Favour Udeo

Favour is a writer, who is interested in blockchain, DeFi, and Web3 in general. She finds machine learning and emerging technologies interesting.

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