NFT Moon Metaverse (Moonopolis DAO)2 Post
We continue telling you about DAO. (You can read the beginning in the previous post).
Main advantages of DAO:
Transparency. There is no CEO, or the manager, or any other leader to trust, since everything is written in a smart contract. Thanks to the blockchain everything is controlled and performed automatically.
DAOs cannot be closed. In the case of traditional companies, the government (Police, FBI etc) can interfere, and you will be forced to comply. In the DAO the decision to close can only be made by voting according to the rules of the DAO. And it is also physically difficult to stop the work of an autonomous organization, since smart contracts work autonomously in the blockchain, validated by thousands of nodes around the world.
DAO is an Open Source. This means that everyone can review the code and even suggest improvements. Generally, Open Source provides more reliability, since a large number of developers can participate in writing and reviewing the code.
Equal distribution of profits among the members of the organization. All earned assets are divided among the DAO participants or invested in the next project, depending on the voting results.
All participants are striving for financial success. DAOs issue their own token, which is owned by all of its members. If an organization is successful, then the value of its assets also increases. Therefore, participants are interested in developing the DAO and making a profit.
The next step in the development of our project is the creation of the DAO NFT Moon Metaverse. In the next posts we will talk about everything in more detail.
With us you can become one of the key leaders in the new virtual world that is just beginning to emerge.
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