- XAO DAO to launch on XRP Ledger by September 2025.
- Community-led governance without new tokens.
- XRP price shows cautious optimism following announcements.
XAO DAO emerges as the pioneering decentralized governance platform slated for the XRP Ledger. Set to be fully operational by September 2025, this initiative integrates community-driven governance using XRP without introducing new tokens.
XAO DAO marks a foundational shift for the XRP Ledger, offering decentralized community control over network developments and governance, which may influence XRP’s role and growth.
XAO DAO aims to shape network development and policies through a decentralized, community-led governance model. It makes history as the first such initiative on the XRP Ledger. Its launch is planned for September 2025, following the establishment of a waitlist.
The DAO, promoting its community focus, does not plan to introduce its own token. Instead, all governance operations will use XRP, the Ledger’s native asset. This contrasts with other decentralized Layer 1 initiatives which often rely on unique governance tokens. “It appears that there are no direct quotes from founders, executives, or public key opinion leaders (KOLs) related to the XAO DAO and its launch on the XRP Ledger available in the provided sources.”
Initial reactions reflected modest gains in XRP’s value, with prices rising above $2. The positive reception aligns with industry enthusiasm for governance initiatives that can bolster developer engagement.
Financial implications include the allocation of various grants for validators, developers, and policymakers using XRP. This approach could foster growth within the XRPL ecosystem, despite no immediate regulatory responses from major bodies.
Future impacts could include an enhanced Layer 1 ecosystem for XRPL as decentralized governance fosters increased infrastructural investments. Historical trends suggest that similar endeavors on other blockchain platforms have supported price appreciation and development activities. The no-token strategy offers a unique governance experience.
