Revolutionize the organizational structure with DAO Development governed by a community of stakeholders for instant trust and transparency.

What is DAO?

DAO (Decentralized Autonomous Organization) is an organization whose rules are represented by a transparently coded program. It is controlled by the members of the DAO organization, and does not involve any central authority. As the set of rules is embedded into the code using Smart Contract, no supervisors or managers are required, thus removing many hierarchy hurdles. With DAO, there is no need to trust anyone in the group, but the DAO’s code is absolutely transparent and verifiable by anyone. The chief characteristic of self-sustainability in DAO brings up new potential for global decentralized collaboration. The structure of DAO is fundamentally open, accountable, and also rewards its members through serving the ownership economy.

Features of DAO Blockchain Development:

• Decentralization

  DAO is not governed by a centralized entity. Decentralization means that anyone can be a part of the DAO, as long as it complies with the established norms to participate, in which each member enjoys the same rights.

• Smart Contract

  DAO is an organization that follows its own rules, which are written in smart contract systems and executed on a blockchain. Smart contracts held in the DAO are highly visible, verifiable, and publicly auditable so any member can fully understand them.

• Autonomous

  DAO performs operations automatically and autonomously, without any external intervention. It is a self-financed business model, in which a certain percentage of the reward goes directly to the treasury fund, so there is no need for investment from an external network.

• DAO Tokens

  DAO has the internal property that is "DAO token", which is the asset used for financing purposes. In this case, it is made up of custom crypto, tokens, or online community space. DAO token is also useful for owners, as it allows them voting rights on possible projects.

• Open Source Code

  DAO is open-source, transparent, and allows any interested third parties to access it. This allows transactions to be displayed on the blockchain transparently. The DAO platform enables market actors to source, supply, and share trustworthy data.

• Blockchain Technology

  DAO uses blockchain technology to be decentralized and autonomous. DAOs benefit from their characteristics such as transparency, immutability, and incorruptibility. DAOs are P2P networks that allow clients to make data sharing faster and easier.