A DAO helps a community align behind a common goal having blockchain tech as an anchor. With the use of voting mechanisms, governance tokens and a common treasury, they can allocate resources together and in collective wisdom without neccesarily knowing one another or residing in the same place.
Blockchain tech and smart contracts help execute these
processes seamlessly and transparently.
The community votes to execute code and actions without
needing a strict hierachical decision making structure.
An Impact DAO is an organization seeking to create positive impacts
for the ecosystem in which it resides.
Inspired by the Green Pill movement, we decided to start a community of
dog lovers worried about the lives of furry friends around the world.
