What are the world famous DAO organizations and how do they work?

spiders and stars

Natural organizations include spiders, where intelligence is concentrated in the brain, removing spider heads to kill spiders, and decentralized organizations like starfish, which have no head at all. Knowledge is distributed throughout the body, and by destroying part of it, it can become another star.

When the Spaniards invaded South America, they easily defeated the Aztec Empire and the Inca Empire because both countries had spider-like organizations. immediately broken. ;

But when the Spaniards invaded North America and encountered the Apaches again, they could not continue. Apache is a starfish-style organization with no cohesive leader. Politically, the group is a very loose ally. Apache heroes do not speak directly to or support the military. They are only role models to inspire others spiritually. Although a few tribes were defeated, the tribes were still able to fight and the robbers had never been captured before, and as a result the Apaches fought against the whites for centuries. .

In today's life, organizations like the blockchain star are resurging, and leaderless decentralized organizations may have needs as long as there is an internet connection. . It is called "DAO" and is a new type of site.decentralized autonomous organization(Decentralized Autonomous Organization).

DAO Organizational Model Diagram

DAO is not a traditional company with a set of rules, it works by ballot and it is the "owner" who holds the DAO token. A DAO is an organization governed by rules written by non-human computers. The above model is a group of "agents" selected by DAO token holders, which can be deleted.

type of operation

DAO is a decentralized organization created in the blockchain, which determines the support mechanism based on the service logic of the chain, and the process is as follows.

Write a smart contract:A smart card is a set of computers that are written on a blockchain and execute various instructions. Smart contracts are open and transparent, and everyone can see every line of the ruler (rule).

Fund raising:Organizations always need money, and unlike traditional businesses, investors get tokens, not shares. Tokens are representatives of rights and interests, and insurers may have rights such as voting rights, enforcement rights, revenue, and various services provided by DAO.

Tips and votes:Once the smart contract is launched, the DAO work is not under the director's control and all decisions are made after approval. All holders of this DAO symbol can initiate and vote on the app, and after reaching a percentage (the percentage is stored in the smart contract), the DAO will simply follow the same instructions.

Token Exchange:Before laying out of the traditional products, we sign a contract and pay more information and wait for the initial review. However, notifications of notifications are simple and can be done within a few minutes or seconds.

strength and weakness

advantage

Remove rates: Dao money announced transparent, and the resources of all finished cash and without landline.

Reduce communication costs: There is no room for consultation to use the special decision, it is enough to respect the agreements and agreements reached by vote.

Reduced management costs: DAOs have no hierarchy, no CEO, no executives, and no management fees.

Equality: There are no hierarchies in DAO and all are equal.

There is no dictatorship. Anyone can plan and implement for an organization.

Unit: Each participant holds the DAO symbol, and the more the DAO works, the higher the value of the token. All participants will have the same goal of making DAO more efficient. At the same time, affirmations and voting require certain types of tokens. This way, voters will start from the perspective of the DAO and really benefit from the DAO.

guilty

security issues

The basis of the DAO is a smart contract, which can be changed, but will take a long time as it has to go through a consultation and voting process. When a hijacker sees a breach in the contract and abuses it, the response time of the DAO is longer and the loss is greater than that of the main organization.

A decision that a lot of people agree on doesn't have to be a good decision.

Equality is both good and bad, and regular attendees are unable to make the best decisions and often follow the views of leaders. When leaders think with an open mind to public opinion, the real decision will be buried.

no rules

Currently, DAOs have no legal status and most tokens are not legal tender. There is still a long way to go to improve the law.

high staff efficiency

Joining and leaving the DAO is very easy and exchanging tokens is also very easy, making it easy for staff to move around.

Following the idea of ​​positive gain and negative supply, Yilianyun integrates its own development. Before any major decision, weactive croaCommunity participants participated in discussions to share a detailed history of the solution and clarify the value of the solution, supporting major organizational decisions by debating the location of everyone included.

value and reliability

The emergence of DAOs means that people have more freedom and freedom to choose to participate and can make the organization more productive and productive, which allows creative and creative people to achieve better results, create new things. It can change the business. At the same time, DAOs are expected to become a new type of organizational function that deals with uncertainty, diversity and a complex environment.

In the eyes of the founders of the DAO, it was a technology intended to kill capitalists or overthrow capitalism. A retrospective look at history will help us better understand the importance of the problem.

The massive production of machinery driven by the Industrial Revolution in recent years has improved people's quality of life and enabled experienced entrepreneurs to control most finances. Then, as machines replaced most coolies, people began to create value through machine mastering, and gradually realized the importance of mastering work.information, Compare withjobIt has value in itself.

In the beginning, you know how to generate electricity and build machines, and you are a capitalist, or "father" of a capitalist.

Then computers came along and operations and manufacturing information began to be handled by some of the investors who owned them.

Then, the emergence of personal computers and the Internet broke the pattern of data monopoly and allowed everyone the "free rein" of the Internet sea.

but it's realfree?

In fact, the Internet is still in the hands of a few investors who control their computers. They want to shut down the central server, people no longer have access to the Internet, and the continued distribution and circulation of wealth controls central activity.

We work hard and the only investment required is a small salary as a gift. Deciding on a partnership is a matter of corporate tradition and the outcome of your work is not yours. And you do things that you wouldn't like every day, and in the perfect mechanism of business, a person's value is infinitely diminished.

With the emergence of DAOs, we have the freedom to assemble and grow DAO organizations that distribute benefit-based revenue based on their involvement in DAO smart contracts.The higher the subsidy, the higher the income..

This DAO does not belong to a single person, and even if the founder of this DAO does not work well or benefits the DAO, he is anonymous by the DAO, the other party is you, your education, your knowledge . , resume is not important. All that matters is your service to the DAO.

And if this DAO organization loses its excellence, it can leave this DAO and find the next best DAO with all its assets.

In times of scarcity, the existence of business leaders should be no exception, and that is why our hierarchical organization has existed for 400 years. But as human operations have been transformed by technology, it's also been exciting to see industry organizations move to DAOs, empowering people to do what they really want to do.future generations:

1. Smart Management

From the perspective of intellectual development, intelligence intelligence not only represents the future of development, but also provides the basis for intelligent DAO management. This not only simplifies the process, reduces the cost of the solution, but also provides a way to achieve intelligent management. Looking to the future, DAO must combine intelligence,From automation to intelligence.

2. The special promotion of DAO can lead to the rapid growth of the token industry.

With the advent of tokens, as organizations like DAOs grow rapidly, DAOs will become a new target for capital investments. The market for token-based digital assets can pave the way for innovation.

3. Integrated on-chain and off-chain management needs can lead to the rapid development of blockchain applications.

During the development of DAOs, some of the data in DAOs may also be modified to solve the problem of efficiency decisions. It may only be a matter of time before successful onboarding issues that need to be resolved in the onboarding process will lead to the blockchain industry application crashing.

4. DAO is "volume 3" (by blockchain technology)Ownership, management, distribution) the regular separation and distribution of the “three forces”, so that each member can have some. This can lead to organizational adjustments from private to public members on a larger scale.