Project description:
Otterspace is building a flexible and easy-to-use infrastructure for DAOs to use non-transferable NFTs, which we call Badges. Badges can enable DAOs to perform non-financialized governance, automate permissions (access rights, etc.), manage community-specific reputation/credentials, and create better incentive systems.
Currently, we are in our private Beta with 16 DAO partners, including Radicle, Bankless DAO, Token Engineering Academy and Syndicate 1, amongst others and our product is deployed on Optimism Mainnet. We are co-authoring a token standard specifically for non-transferable tokens (EIP 4973), are building an open protocol that utilizes the standard and an application that is in service of the protocol.
Today, Badge collections can be designed and manually assigned by a DAO admin to members in the DAO through our easy-to-use app interface. Badges can have expiration dates and artwork specific to the DAOs use case. DAOs can also interact directly with the protocol if they prefer to develop their own front-end.
With the Badges, we enable downstream permissions within Snapshot (used for governance), Guild (used for Badge-gating), and additional integrations with various DAO tooling providers (including Wonderverse, Coordinape, etc.).
You can preview the current version of our product in our product deck 7.
Soon badges can be earned by completing missions (e.g., by meeting certain on and off-chain requirements), DAOs can view their membership base, and contributors can show off their DAO membership with their own profiles.