How does the DAO differ from traditional organizations?

10.04.2023

– The DAO is an organization “built on top of the blockchain”. Management is based on personal tokens, which act as a reward or punishment and encourage all participants to act only in the interests of the project.
– DAOs allow you to coordinate economic goals and motivations – everyone can take part in management or become a co-owner.
– DAOs are open, it is easier for them to attract investors and clients from all over the world.
– There is no single point of control. All decisions and their execution take place by means of smart contracts.
– All participants receive income in proportion to their share and contribution to the project.
– The threshold for entering the DAO is lower than in a corporation.

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