Who is Irene Zhao?
Irene Zhao is a well known model on Instagram with in excess of 500,000 followers, also an influencer in the crypto neighborhood. This 28-12 months-outdated lady was when the CMO (advertising and marketing director) of Konomi Network and is now the co-founder of a decentralized social networking task referred to as SO-COL.
On January 14, Zhao launched a photograph assortment IreneDAO induce fever. The set of images displays her sporting a tight skirt with the phrases in the background.
Currently, one,107 images of Irene are staying offered on the NFT OpenSea exchange with charges ranging from one.25-a hundred Ethereum (ETH). Each photograph represents entry to the social network So-Col and the decentralized autonomous platform IreneDAO she founded.
Follow CoinTelegraph, So-Col indicates social network for collectors (Social Collectables). So-Col is rated as “Decentralized version of OnlyFans, Discord, Twitch and donation site Patreon combined”. This platform supports end users to convert their digital information assortment this kind of as posts, photos into a non-fungible token format (NFT). So-Col is operated on the Ethereum network.
Irene Zhao is the advertising and marketing director of the multi-chain asset management task Konomi. The thought of the NFT photograph series came from her uploading her images to Telegram channel and obtaining additional than two,000 downloads in four days. Due to the over good results, she made a decision to convert them into NFT type and place them on OpenSea.
Her NFT assortment is invested by several billionaires. Mike Novogratz, CEO of investment fund Galaxy Digital shared that he purchased a photograph of Irene. “Proud to be a member of Team Irene. She built her brand in just one year,” Mike Novogratz posted on Twitter.
In addition, Irene explained in her personal chat channel for NFT holders, founder and CEO of the 3AC cryptocurrency investment fund, Su Zhu also participated in obtaining a photograph.
“I did not anticipate that the set of images and tips about IreneDAO and So-Col have been strongly supported. I went swimming in the course of the time the assortment was pushed to OpenSea. forty minutes later on additional than 500 photos have been offered. I did not have time to invest in myself a copy”, Irene shared with CoinTelegraph.
Brief information and facts about DAO
The DAO is an organization created for automation and decentralization. It operates as a type of venture capital fund, is primarily based on open supply code and does not have a common management construction or board of directors. To be entirely decentralized, the DAO was not tied to any unique nation, even even though it utilized the ethereum network.
Imagine it like this: Having a vending machine that not only will take your funds and provides you a snack, but also employs that funds to immediately re-enter offered things. The machine also orders cleansing companies and pays for itself. Also, when you place funds into that machine, you and other end users also get to make your mind up what variety of snacks it will re-enter, and how usually it requirements to be cleaned. It has no manager, all the over processes are presently written into code.