📜
Dlicom Whitepaper
  • Overview
    • Executive Summary
    • 💡Mission Statement
    • ✨Value Proposition
    • 🌎Global Perspective
    • 🎯Vision
    • Co-Founder & CEO Message
    • 🟣Purpose
  • Dlicom Token (DLI)
    • 🪙Dlicom Token (DLI)
    • 🔐Innovation and Security
  • Project Introduction
    • Introduction
      • Problem Statement
        • Solution
  • RoadMap
    • 🛣️Roadmap
  • Dlicom’s Decentralized Wallet
    • Dlicom’s Decentralized Wallet
  • Dlicom Decentralized Social Media Platform
    • Dlicom Decentralized Social Media Platform
  • Integration with Ecosystem
    • Integration with Ecosystem
  • Tokenomics
    • Tokenomics
  • Dlicom Contract
  • Dlicom Token Economics
  • Dlicom Token Utilities
  • Dlicom Token Supply & Allocation
  • Token Distribution
  • Vesting Schedule
  • Circulating Supply and Inflation
  • Dlicom Token Presale and TGE
  • Token Generation Event:
  • How Do Users Make Money on the Dlicom Platform?
    • How Do Users Make Money on the Dlicom Platform?
  • Use Cases & Utilities of DLI Token
    • Use Cases & Utilities of DLI Token
  • Demand and Supply (Investor Protection Sheet)
    • Demand and Supply (Investor Protection Sheet)
  • Technical Architecture
    • Technical Architecture
  • Why Ethereum EVM Network usage with Dlicom DApp?
    • Why Ethereum EVM Network usage with Dlicom DApp
  • Dlicom Application Overview
    • Dlicom Application Overview
  • Blockchain Technology in Dlicom Token
    • Blockchain Technology in Dlicom Token
  • Technology and Governance
  • How DAOs Work
  • Projects in the Dlicom Ecosystem
    • Projects in the Dlicom Ecosystem
  • Dlicom Token FAQ
    • FAQ
  • Conclusion
    • Conclusion
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Technology and Governance

What is a Decentralized Autonomous Organization (DAO)?

  • A Decentralized Autonomous Organization (DAO) is a new type of organization that doesn’t have a central leader or governing body. Instead, all members work together to make decisions in the best interest of the group.

  • DAOs are popular in the world of cryptocurrency and blockchain because they allow decisions to be made by the community in a fair and transparent way. Rather than having a top-down management style, DAOs let all members have a say in how things are run, using a bottom-up approach.

  • In short, a DAO is a group where everyone works together to make decisions, with no central authority in charge.

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Last updated 7 months ago