Title: DAO development company-DAO development service
1 DECENTRALIZED AUTONOMOUS ORGANIZATION
THE FUTURE TECHNOLOGY IS DEVELOPING VERY FAST
2WHAT IS DAO?
DAO is a community-owned entity with no central
organization, which means the treasury has been
owned and maintained only by the members. And it
does not allow the people to access the treasury
without getting approval from the members, the
suggestion and changes have been done only by the
voting process, Every member in the community has
a right to vote.
3PURPOSE OF DAO
A DAO is intended to improve the traditional
management structure of many companies. Instead
of relying on a single individual, it falls under
a small collection of individuals to guide the
direction of the entity
A DAO intends to give every member a voice, vote,
and opportunity to propose initiatives. A DAO
also strives to have strict governance that is
dictated by code on a blockchain
4WHY OPT DAO DEVELOPMENT SERVICES FOR YOUR
BUSINESS?
It has many benefits compared to the classic
organization, one of the important benefits of
DAO is trust between the members. But in a
traditional organization, the investor needs more
trust in that organization.
But in DAO everything is on the smart contract,
every action is updated on the smart contract it
is also done only after getting approval from the
community.
5BENEFITS OF DAO
- Operate via a set of smart contracts. Whereas
traditional organizations are run by specific
leaders.
- Providing voting rights gives the right to the
member that any changes need to be done in the
organization.
- It allows investors to take part in the project
from start to end, or else they can leave anytime
without any complication.
- Instant trust and Transparency. No changes have
been made without the voting approval, and when
the transaction is done it is visible to every
members of the community.
- Community-based. It is not controlled by the
central authority instead there is a small
collection of individuals to guide the directions
of the entity.
6Workflow in DAO platform
As I said before decentralized autonomous
organization (DAO) is a community-owned entity,
And it is a kind of bottom-up architecture with
no central authority. Members of the DAO owned a
token of the DAO, and one who owns the token can
vote for the changes that needed to be done in
the organization, which are the voting rights of
the member, the decision has been made and
implemented only through the voting process. If a
member wants to change the core architecture of
the DAO they get into the voting process and the
voting result should be 51 or above, and the
smart contract has been changed publically.
7CONTACT
Maticz is a superior DAO development company that
delivers the finest DAO development services. we
are a complete blockchain development company
with highly qualified professionals. we make a
real effort and make sure that you will be
getting a valuable service.
EMAIL ADDRESS
PHONE NUMBER
WEBSITE
sales_at_maticz.com
www.maticz.com/
91 93845 87998