Objective

In response to the evolving goals of the Dar Open Network and the need for enhanced brand clarity, this proposal outlines the strategic migration of the DAR token to the new D token. The migration aims to better align with the expanded vision of the Dar Open Network, facilitating the growth of our gaming ecosystem. Should this proposal be approved, the Dar Open Network team will collaborate closely with token holders to establish a clear roadmap, and updated tokenomics.

Motivation

Since the successful launch of Mines of Dalarnia, our project has undergone significant transformation. As we transition to the Dar Open Network, encompassing a broader gaming infrastructure, it is essential to update our branding and token contract.

• Resolving Brand Confusion: The current DAR token represents Mines of Dalarnia, which causes confusion as we pivot the project to DAR Open Network. Moving to the D token will mitigate confusion and foster a more coherent brand image.
• Community Alignment: A unified token symbol will solidify community identity and make it easier for new users to engage with our ecosystem, fostering stronger connections and participation.
• Ecosystem growth: Upgrading to the D token aligns with our future growth ambitions, including potential ecosystem expansions and further innovations in token utility.

Specification

Overview

• Deploy token migration smart contracts on Ethereum/BSC that enable the migration from DAR to D.
• Token Conversion: The DAR token will be converted to the D token at a ratio of 1:1. For every 1 DAR token, holders will receive 1 D token. This will keep the total supply of D token at 800,000,000.
• The token migration contract is proposed to be accessible for migration for a 12-month period from the date of deployment.

Scope The initiative covers technical contract upgrades, coordination with key ecosystem partners, and a well-structured communication strategy to ensure a smooth transition. The plan includes codebase adjustments and potential tokenomics modifications to reflect the new token structure.

Budget The proposal will need $10,000 allocated for smart contract audits.