DAO Machanism

DAO (Distributed Autonomous Organization) is a blockchain-based organizational structure. The DAO mechanism maintains operation through smart contracts. By encoding the organization's management and operating rules on the blockchain in the form of smart contracts, it achieves openness, fairness, unmanned intervention, and autonomous operation. Briefly, by reflecting the real-life organization to the Internet, writing the organization's operating rules in the smart contract, and through intelligent management methods and token economic incentives, DAO mechanism will realize self-operation, self-governance, and self-evolution. Furthermore, it boosts the achievement process of the organization's form of the maximum efficiency and value circulation, which can not only restrain the participants, but also ensure openness, fairness and justice. In addition, all resolutions will be decided by voting on the proposals, which will ensure the possibility that everyone in the organization can freely express their opinions.