What is DAO? (decentralized autonomous organization)
What is DAOance? (DAO without an governance)
Is a collectively-owned, blockchain- organization working towards a shared mission.
DAO allow us to work with like-minded folks around the globe without trusting a benevolent leader to manage the funds or operations. There is no CEO who can spend funds on a whim or CFO who can manipulate the books. Instead, blockchain-based rules baked into the code define how the organization works and how funds are spent.
We have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are executed by proposals and voting to ensure everyone in the organization has a voice, and everything happens transparently on-chain.
UNIVERZ Blockchain technology allows for new DAOance capabilities, known as on-chain governance. On-chain governance is when proposed protocol changes are decided by a stakeholder vote, usually by holders of a governance token, and voting happens on the blockchain. With some forms of on-chain governance, the proposed protocol changes are already written in code and implemented automatically if the stakeholders approve the changes.
The opposite approach, off-chain governance, is where any protocol change decisions happen through an informal process of social discussion, which, if approved, would be implemented in code.
UNIVERZ DAOance happens off-chain with a wide variety of community members involved in the process.
If you interested in participating in off-chain DAOance please participate and propose at our channels: DISCORD, FORUM, TWITTER, TELEGRAM
any additional questions, ideas and thoughts please email us at: dao@univerz.io
If you are interested to support us, donate or invest in UNIVERZ DAO future development and growth please email us at: invest@univerz.io
