There are three elements that will generate the most success. SOFT must be incubated in a niche community of supporters, it must also generate economic value and be accessible across any network.
This is how we can all get there.
Phase 1:
- Create an SDK to make SOFT primitives easy to integrate
- There is already a proposal that is being work on here.
Phase 2:
- Turn on the fee switch in the smart contract so a portion of all sales and distributions are routed into the DAO
Phase 3:
- Integrate Connext’s XERC-20 standard. Ideally Moonwell’s implementation of this is used, found here.
Base seems to have a lot of strong early activity, memes and a community that works closely together. It would be the right place to push SOFT in a way that would not get lost in the noise. Additionally, SOFT can be an integral part of helping Base grow much larger.
This also assumes the following:
- All smart contracts are DAO owned
- Smart contracts are deployed on every EVM chain
- Transaction fees from any chain push fees into the DAO onto Ethereum