Vision and Values
Social Project DAO
Vision
Our vision is to make Rabid DAO, a unique blockchain ecosystem for extreme sports, through a Decentralized Autonomous Organization (DAO).
We believe this is the way to bring these sports to the next level, through this newly emerging decentralized universe.
With our focus, not only on the extreme sports community but also on society in general, RaBid actively aims to invest in various social projects in order to improve the quality of life of athletes, former athletes, and many communities around the world in need of help.
"Not only for the sport itself but as an environment where everyone, as well as, athletes, former athletes, social projects and people in general, can participate and have access to its benefits."
Why sports betting?
After the appearance of the bookmakers, it created a new value for the sports involved, almost unlocking a huge flood of people euphorically passionate following the sport who could not bet on their beliefs and understanding of the sport, the people felt involved.
To force this same phenomenon on radical and alternative sports, which do not have so much visibility yet.
However, we also want to end the taboo exercised on bookmakers and the idea that their profits are from unethical marketing and grooming plays, in this case, the bookmaker's profits like the rabid casino are not retained and are 100% distributed to the holders of the NFT’s of the ecosystem as well as in the creation and financing of social projects, and for this to happen it is only possible from an ecosystem inserted in a DAO.
Good to know: Revenues from the bookmaker and games of chance will be donated *
Our Values
Good to know: All decisions such as choices are closely followed by a legal body.
Decentralization
Decentralization is characterized when a power that used to be absolute starts to be shared. For example, when a person or a group held total and absolute power, and then this power is shared with other people or other groups, that is, it has been decentralized and shared.
Transparency
For this, the creation of the blockchain was essential to guarantee the security and transparency of transactions, based on the continuous verification and storage of all transactions carried out. The structure prevents data already registered from being altered, in addition to notifying the chain's participants every time a new transaction is carried out as an accurate description of all transactions made by the machine.
Social Projects
RaBid’s main focus regarding social interventions is to help communities that are in need of support, cooperating with the countless examples of social projects that are changing the lives of many people, we want to help as well.
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