Near Foundation launches digital twin system to represent DAO members, aiming to boost voter participation and ensure fairer, faster decision-making in governance. Digital twin will complement, not replace, human oversight, providing guidance, summaries, and reminders. The Near Foundation is set to introduce a digital twin system to improve governance in its decentralized autonomous organization (DAO). [...]]]>Near Foundation launches digital twin system to represent DAO members, aiming to boost voter participation and ensure fairer, faster decision-making in governance. Digital twin will complement, not replace, human oversight, providing guidance, summaries, and reminders. The Near Foundation is set to introduce a digital twin system to improve governance in its decentralized autonomous organization (DAO). [...]]]>

Near Foundation Unveils Digital Twin to Represent DAO Members

2025/10/03 19:43
  • Near Foundation launches digital twin system to represent DAO members, aiming to boost voter participation and ensure fairer, faster decision-making in governance.
  • Digital twin will complement, not replace, human oversight, providing guidance, summaries, and reminders.

The Near Foundation is set to introduce a digital twin system to improve governance in its decentralized autonomous organization (DAO). The project is designed to address low voter turnout, which has limited fair decision-making in many blockchain groups.

Digital Twin for Governance

Lane Rettig, a researcher at the Near Foundation, spoke about the plan during the Token2049 Conference in Singapore. He explained that the digital twin will study members’ choices and act on their behalf during votes. The aim is to make decisions faster and ensure that all members are represented, even when they are not present.

As noted, turnout in most DAOs remains low, often between 15 and 25%. This has allowed a small number of active members to dominate decisions and, in some cases, led to governance attacks where harmful proposals are passed by large token holders. Rettig said the digital twin could help reduce these risks by keeping more members involved through representation.

It is important to add that earlier this year, CNF reported that NEAR Protocol’s new House of Stakeholders introduced AI roles in blockchain governance, including assistants, delegates, and even a potential AI CEO.

Meanwhile, this new plan comes at a time when other projects are also building digital agents. As mentioned in our earlier post, the Ethereum Foundation formed an AI team with the ERC-8004 proposal, aiming for trustless AI integration.

In addition to this, as detailed in our last news piece, Former Avalanche CEO Aytunç Yıldızlı joined 0G Labs as Chief Growth Officer. Per the update, he will help 0G scale adoption and establish itself as the execution layer for AI-native Web3 applications.

AI Will Not Replace Human Role

Rettig added that members would still have the final say on major issues. Decisions involving large sums of money or big changes in strategy will continue to need human approval. 

Notably, the digital twin will instead guide members, share summaries of proposals, and send reminders when key matters come up. The rollout will occur in stages. The first stage will focus on simple tools that provide advice and context for members.

Later, the system could grow to represent groups with similar views, and finally, individuals. The Near Digital Collective, the foundation’s main DAO, has already started using a tool called Pulse to track community discussions, showing how the foundation is preparing for wider use of the digital twin.

Different blockchain entities are pushing for first-mover advantage in Artificial Intelligence (AI) integration. As reported in our previous news piece, Fetch AI teamed up with SingularityNET and Ocean Protocol to form the Artificial Superintelligence Alliance (ASI). This body was formed to synergize resources in the push for AI innovations.

Cardano, Ethereum, and other top Layer-1 blockchain protocols are also pushing for advances in AI.

]]>
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Cashing In On University Patents Means Giving Up On Our Innovation Future

Cashing In On University Patents Means Giving Up On Our Innovation Future

The post Cashing In On University Patents Means Giving Up On Our Innovation Future appeared on BitcoinEthereumNews.com. “It’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress,” writes Pipes. Getty Images Washington is addicted to taxing success. Now, Commerce Secretary Howard Lutnick is floating a plan to skim half the patent earnings from inventions developed at universities with federal funding. It’s being sold as a way to shore up programs like Social Security. In reality, it’s a raid on American innovation that would deliver pennies to the Treasury while kneecapping the very engine of our economic and medical progress. Yes, taxpayer dollars support early-stage research. But the real payoff comes later—in the jobs created, cures discovered, and industries launched when universities and private industry turn those discoveries into real products. By comparison, the sums at stake in patent licensing are trivial. Universities collectively earn only about $3.6 billion annually in patent income—less than the federal government spends on Social Security in a single day. Even confiscating half would barely register against a $6 trillion federal budget. And yet the damage from such a policy would be anything but trivial. The true return on taxpayer investment isn’t in licensing checks sent to Washington, but in the downstream economic activity that federally supported research unleashes. Thanks to the bipartisan Bayh-Dole Act of 1980, universities and private industry have powerful incentives to translate early-stage discoveries into real-world products. Before Bayh-Dole, the government hoarded patents from federally funded research, and fewer than 5% were ever licensed. Once universities could own and license their own inventions, innovation exploded. The result has been one of the best returns on investment in government history. Since 1996, university research has added nearly $2 trillion to U.S. industrial output, supported 6.5 million jobs, and launched more than 19,000 startups. Those companies pay…
Share
BitcoinEthereumNews2025/09/18 03:26
Share
Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage

The post Bitcoin Exchange Balance Drops To Six-Year Low Amid Shortage appeared on BitcoinEthereumNews.com. The amount of Bitcoin held on centralized exchanges plunged to a six-year low as the asset climbed to a new all-time high. Bitcoin notched a new all-time high on Sunday morning, reaching a little over $125,700 on Coinbase, according to Tradingview. Its previous peak was $124,500 on Coinbase on Aug. 14. Bitcoin (BTC) pulled back by 13.5% by Sept. 1 but has recovered strongly over the past week as “Uptober” began.    “Bitcoin hits new all-time high … And most people still don’t even know what Bitcoin is,” commented Nova Dius President Nate Geraci. “If Bitcoin is able to convincingly break $126,500, then chances are price will go a lot higher and quickly,” said analyst Rekt Capital on Saturday, before the latest price peak. BTC prices reach a new peak above $125,000. Source: Tradingview Exchange balances drop to six-year low The total Bitcoin balance on centralized exchanges fell to a six-year low of 2.83 million BTC on Saturday, according to Glassnode. The last time that there were fewer coins stored on exchanges was early June 2019, when the asset was trading around $8,000 in the depths of a bear market. Blockchain analytics platform CryptoQuant has a slightly lower total exchange reserve figure of 2.45 million BTC, which puts it at a seven-year low.  Both platforms show that the BTC exchange balance has dropped sharply over the past couple of weeks. More than 114,000 BTC worth over $14 billion has left exchanges over the past fortnight, according to Glassnode. When Bitcoin moves off centralized exchanges into self-custody, institutional funds, or digital asset treasuries, it suggests holders are planning to keep their coins long-term rather than sell them. Bitcoin sitting on exchanges is considered “available supply” that could be liquidated and hit the market at any moment. BTC balance on exchanges dropped to…
Share
BitcoinEthereumNews2025/10/06 14:29
Share