Horizen DAO Celebrates EON Activation with First Community-Led Party
Horizen, after activating its EON mainnet this summer, reached a significant governance landmark with the launch of the Horizen DAO at the end of September. The event represents a shift towards participatory governance and a strengthened community. The first Horizen DAO community-led party, HallowEON, underscored this vision with learning sessions on smart contracts and security, interactive games, and a high attendance, indicating robust community engagement. Additionally, it showcased NFTs on EON and community-built Dapps, like the Love Faucet which rewards users with $LOVE tokens.
Bullish
The DAO event showcasing the active engagement of the Horizen community and the integration of services onto the EON mainnet suggests positive momentum and signals confidence in Horizen’s ecosystem. Strong community governance, as demonstrated during HallowEON, generally correlates with a healthy, resilient network likely to attract new participants and investments. The involvement of Dapps such as the Love Faucet, which distributes $LOVE tokens, further indicates an active, participatory user base, which is an optimistic sign for traders who may see these developments as fostering long-term growth and stability within Horizen’s market.