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happyhourDAO
  • Introducing happyhourDAO
  • The happyhourDAO
    • Abstract
    • What is the happyhourDAO
    • happyhourDAO ecosystem
    • $HOUR tokenomics
    • Drinkers
    • Participating Drinking Establishments (PDEs)
    • $DRNK governance tokenomics
    • happyhourDAO VC venture
    • happyhourDAO roadmap
    • The Team
    • $HOUR/$DRNK mint and release schedule
    • Last Call
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  1. The happyhourDAO

happyhourDAO ecosystem

So who can participate?

PreviousWhat is the happyhourDAONext$HOUR tokenomics

Last updated 2 years ago

The happyhourDAO will be powered by the Happy Hour Protocol Engine, which is the heart and soul of the whole ecosystem. This is what will glue together the drinkers, Participating Drinking Establishments (PDEs), devs, investors, and other stakeholders. All the interaction will be done through the Happy Hour Protocol Engine which will be deployed as a smart contract on the Ethereum network.

Breakdown of participants in the happyhourDAO ecosystem:

  • Drinkers (holders of $HOUR): These are the users and community members interacting with the Happy Hour Protocol Engine. These are the happy hour goers, nightlife fist-pumpers, bartenders, and all other alcoholics who make it a priority to support the F&B industry.

  • Participating Drinking Establishments (PDE): These are the F&B merchants and businesses hosting drinkers. The local bar, the city’s premier club, the skyline lounge, the speakeasy, the hotel restaurant, and etc. All these F&B merchants would be considered a PDE in the happyhourDAO ecosystem.

  • Drunkards (holders of $DRNK): These are the all-star drinkers who have been able to accumulate enough $HOUR tokens to burn and mint $DRNK tokens, which fully enable them to be official members of the happyhourDAO.

F&B merchants are at the brink of something new with web3. The happyhourDAO is in position to ready traditional F&B brick and mortar merchants in participating in the internet’s next frontier. The Happy Hour Protocol Engine is geared up with provisions with an open and permissionless onboarding for F&B merchants to be valid PDEs. Each PDEs in the network are eligible for a % of HOUR earned by every drinker. This % rate will start at 10% with the ability for future alterations based on the community’s decisions.

As a PDE grows in popularity in the network, the happyhourDAO is positioned to further fund that PDE in applicable business aspects the community seems viable. This funding also includes support for web3 onboarding into metaverse realms such as in Decentraland, The Sandbox, Otherside, and others.