A DAO, or "Decentralized Autonomous Organization," has recently been gaining a lot of attention following the continuous collapse of the crypto market.
Essentially being a community-led entity with no central authority, this new form of crypto manifestation represents a fully autonomous and transparent organization where smart contracts determine virtually anything that is happening inside a DAO.
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These smart contracts establish specific rules through which participants in DAO agree on joint decisions, proposals, voting and other forms of governance inside an organization. Although the idea of DAO has been in the crypto community for some time, these decentralized autonomous organizations have only recently begun to appear.
As before, most of them were pseudo-decentralized, where token holders would collaborate with one another to gain profits from unsuspecting investors. Join me in today's editorial to see which will stand the test of time by looking at Aragon, the OG crypto company, and an up-and-coming Adirizie DAO. Let's dive in.
Aragon: The Future Of DAO Is Here
The Aragon Project represents an open source code focused on creating an infrastructure blockchain that facilitates the creation of Decentralized Autonomous Organizations (DAO) for any use intended by its users. In other words, this project helps other DAOs to become DAO by providing a technical infrastructure for these companies to build on top of their protocol.
For this, Aragon has created the platform's native token (ANT), which grants voting rights to its holders used to make decisions about the development of a DAO within Aragon. And with Aragon's DAO building framework designed to deploy this infrastructure quickly and on request, many companies can usher into an exciting journey of becoming a fully decentralized autonomous organization.
This makes Aragon a unique platform for deploying these types of organizations and the starting point for many projects seeking funding in an entirely new way to realize their goals. So, if you are a company looking to test crypto waters in the development of DAO, Aragon should be your number one choice.
Adirizie DAO: The DeFi In A New Look
Due to the continued growth and development of the blockchain-DeFi market segment, along with many lingering limitations inherent to this particular niche, there is a desperate need for a decentralized reserve protocol that will change centralized dependence on the United States dollar.
Meet the Adirize protocol, which was created along with a reserve cryptocurrency called ADI, to combat this issue. However, unlike conventional stablecoins, the Adiri system is analogous to the gold standard because it issues and backs ADI tokens with a reserve of precious assets.
Those who purchase the ADI token could participate in the development of Adriazie DAO as well as engage with several DeFi services. Namely, stake it or participate in liquidity pools, where an ADI's bond mechanism and staking rewards are all geared to regulate supply expansion to a high degree. This means that the protocol makes money from bond sales, and the treasury uses the print to mint ADI and distributes them to stakers.
There will be 100,0000 tokens in circulation, with 30% of this amount available during the public sale. Considering this project has just begun its second presale stage, there might not be enough tokens for everyone, so be sure to check it out. However, always do your own research before purchasing anything, especially if it is DeFi-related.
Adirize DAO (ADI)
- Presale: https://join.adirize.com/
- Website: https://adirize.com/
- Telegram: https://t.me/AdirizeDAO_Official
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