Decentralized autonomous organization DAO CULT, seeks to advance the decentralized finance revolution, announces Revolt (RVLT), which caught the attention of Anonymous. The decentralized international activist and hacktivist group appears to support the most recent concept of CULT DAO, as featured in the group’s recent Twitter bio and love.
This isn’t the first time Anonymous has hinted at their support for CULT DAO as on March 23rd before a big spike in CULT’s token price. Anonymous released the same Charlie Chaplin The Great Dictator speech which is a core feature and soundtrack to CULT DAO. website https://cultdao.io.
Revolt 2 Earn, the concept that Anonymous seems to have shown support for, is the first token in the CULT DAO ecosystem. It was built on the Polygon block chain as a proof-of-stake (POS) token with 0.4% taxation and the DAO is expected to issue it in the coming months. The token is the first sibling of CULT. However, while CULT works to fund protocols accelerating decentralization, RVLT aims to support individual CULT DAO users (The Many) working towards the same goal.
In a recent blogCult DAO founder Mr. O’Modulus talks about the Revolt 2 Earn concept:
“Society is designed to make it as difficult as possible to break with economic, societal and social norms. What if supporting the $CULT ecosystem could itself be a full-time or part-time job?
This concept led him to develop a self-sustaining, self-sustaining ecosystem that would reward those who build and contribute on a large scale (The Guardians) as well as those who do so on a smaller, individual but equally important level. These latest breakers are the many, and they can use RVLT for both staking and rewards.
Many are under the direct government of the CULTmanders. They are RVLT stakers, and basically every staker can be a CULTmander if they stake for a medium to long period of time.
Each month, the protocol will randomly select 490 stakers and 10 consistent NFT owners from all RVLT stakers (uRVLT owners). These 500 members must approve or refute user action submissions supporting the “CULT revolution”. Their actions can include anything as simple as sticker, flyer, shilling or civil disobedience.
This system ensures both level and individual rewards and could allow users to break away from the current centralized system. In other words, it allows them to revolt by telling others about CULT and the CULT Manifesto.
In the same blog, Mr. O’Modulus says:
“This protocol exists to enable The Many to not depend wholly or in part on salaried labor and to fill the void and pay users to further the cause of decentralization and the CULT ecosystem.”