About the DAO

2 min readOct 3, 2022

What is a DAO?

A DAO is a Decentralized Automated Organization that uses NFTs to encode contract based processes on the blockchain for highly efficient logistics. Think of the smart contract as a robot or an AI. The DAO restructures existing models of collaboration, allowing true decentralized growth without the delaying effects of bureaucracy.

Efficacy:

With a reliance on smart contracts, members can direct their energy toward other, more pressing decisions with a few basic rules. The DAO voting process rates urgency and allows for effective decision making, leaving minimal room for human error or disagreements.

Transparency:

DAO systems increase trust between members, encouraging accountability through power and responsibility distributed among members. Community wallets require multiple signatures for communal fund control, allowing full transparency on every level and bringing out the best of human intentions.

Urgency:

Automated DAO voting systems allow urgent needs to be fulfilled without the extra paperwork and approval procedures. AI based contract-run processes allow for team efficacy, and ability for IMMEDIATE action.

DängünDAO

Prime Directives:

Provide early representation of origin culture for young Korean-American families with The Ancestors™️
Offer bilingual and bicultural edu-play tools for parents

Powered by NFTs:

25% : Public Fund for community needs — DAO voted and operated
50% : #000-#100 Ancestors™️ books, toys, and animation development for IRL, mobile app, and metaverse platforms (50% profits back into DAO Fund)