Nowadays, there are 10798 active DAOs according to DeepDAO, with a treasury of about $9.5 billion. The truth is that DAOs have proliferated on Web3 in more areas and it is difficult to keep up with the new ones emerging day by day. DAO tools are a set of software, apps and smart contracts a DAO uses to operate. We can recognise up to 12 categories that identify these tools according to the… [Read more]

Sometimes reminding the definition of DAO is essential to continue our journey on the creation of decentralised applications.   A DAO is an independent organisation run by communities and without a central authority. The underlying laws are established through smart contracts that decide the selected line of action to be taken in the future. Members can at any time freely evaluate the DAO's… [Read more]

Many people think that DAOs are a fuzzy concept, nothing could be more wrong. DAOs are a concrete way to realise real and concrete projects.    BUT WHAT DO YOU NEED TO CREATE A DAO?   Beyond the necessity of an organisation working towards a common goal and vision, a DAO also needs access management solutions that will be used to shape the identity and ownership, a voting system that will… [Read more]

MakerDAO is one of the largest decentralised cryptocurrency lending protocols and holds an estimated $7.7 Billion assets in its pool called the Peg Stability Module (PSM ). It is fundamentally a peer-to-peer organisation, as the MakerDAO cryptographic protocol allows any individual with ETH and a Metamask wallet to participate, with a shared wallet, focused on developing technology to facilitate… [Read more]

  REVIEW: WHAT IS A DAO? Decentralised Autonomous Organisations are a type of blockchain-based organisation or company that is governed by code instead of a typical hierarchical leadership structure defined by law. Usually, governance, takes place through the use of native cryptographic tokens  (also called governance tokens) and anyone holding such tokens also has the ability to vote when… [Read more]