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DAO
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0.32%
DAO (Decentralized Autonomous Organization) is a Decentralized Autonomous Organization, which is a group organized around a task and coordinated Autonomous through a set of shared rules executed on the blockchain. The RISE of the DAO is based on the emergence of a new generation of digital nomads, born and raised on the Internet, crypto natives who shape and build a borderless and permisseless digital economy. The DAO is an ideal structure because it leverages blockchain and smart contract technology to enable people around the world to interact freely based on a consistent interest, incentive, and payment structure. Coordination between people has always been an important issue in the history of human civilization. With limited resource utilization, people need to rely on families, companies, institutions and markets to coordinate schedules, finance, food, international trade and everything else. But with the advent of the crypto world, there are new ways to coordinate. The establishment of Ethereum has brought a new solution to the "coordination problem". The transparent, immutable and programmable nature of Ethereum has brought the technical foundation to create a better coordination way. As a new mechanism, the decentralized autonomous organization (DAO) has fundamentally changed the coordination way of resource allocation in the Ethereum ecosystem. Improved coordination means better allocation of resources, less corruption and greater symmetry between value created and value captured. Daos can solve coordination problems in Ethereum as well as in the real world. A decentralized autonomous organization (DAO) is an organization represented by rules encoded as computer programs that are transparent, controlled by the organization's members, and free from the influence of the central government. DAO is not only an emerging part of ethereum ecosystem, but also has become a worldwide trend. DAO has established a P2P network with active participation of all parties based on intensive value exchange. According to the survey results, the five most popular DAOS are Bankless, Gitcoin, Index Coop, DAOSquare and dOrg. The tools used by daOs for coordination are Discord, Twitter, Telegram, Email, and Snapshot. The governance tools are Snapshot, Gnosis Safe, Compound, DAOStack, and Aragon, depending on their popularity. DAO can be divided into NFT type, social type, investment type, protocol type and service type. The funding sources of DAO are token sales, NFT, investors, services and membership dues. The payment mode of DAO members is mainly coordinated, project-based bounty, other + tips and hourly calculation. DAO members were paid between $1,000 and $3,000 a month at most, less than $1,000, $3,000 to $5,000, $5,000 to $7,000, and some were not paid at all; Countries of DAO participants are distributed in China, the United States, India, Hong Kong and Canada; The roles of DAO are community construction, governance, operation, marketing and development.
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