Comment on page

Versailles Heroes

As blockchain technology continues to evolve, new organizational concepts have been proposed by the community, and as such, DAOs have become the primary method to conduct governance through a series of proposals where members can vote through the blockchain.
A DAO, also known as a decentralized autonomous organization, together with smart contracts form the building blocks of governance, allowing members of a collective to easily create new and various structures within an organization.
Today's traditional organizations are expensive to create and take a long time to setup, while the cost of creating a DAO has proven to be much more inexpensive and simpler than traditional organizations.
Last modified 1yr ago