📝Advantages of DAOs
High transparency
The data of DAO is stored on the blockchain. Every activity, every transaction, and income and expenditure of the organization can be viewed on the chain. The data is open, transparent, and traceable, which greatly reduces corruption and abuse within the organization. Power and other risks.
Easy globalization
Anyone can join a DAO organization, and DAO organizations are often easier to globalize by allowing everyone to work under the same conditions by following a standard set of rules that apply to all parties, regardless of geographic location.
The whole organization participates in voting
DAO allows members of the organization to decide or change a decision by voting, so DAO will not ignore or exclude members' opinions, and will ensure that all votes are calculated and displayed with a certain degree of transparency.
Non-tamperable modification of rules
The rules and decisions of DAO are executed through smart contracts on the chain. All new decisions or changes to old rules need to reach a consensus within the organization before they can be implemented effectively. A set of established rules within the DAO organization cannot be tampered with Yes, this can ensure the fairness of governance and ensure the efficiency and transparency of the DAO organization.
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