Working without a boss — is it even possible? We recently held a strategic DAO vote in our community, but some people still have questions: what is it? Now I’ll tell you what a DAO is. If you’ve just joined our community and don’t really understand crypto yet, this analysis is definitely for you. And if you’re already in the know, then support the newbies in the chats — tell them everything you know about this topic. So, I’ll start with an example. Imagine you’ve just started working at a company or have been working there for a long time. Everything seems ok — the team is normal, the tasks are interesting. But there’s one “but” — all decisions are made by the director. And this is normal practice. He decides what everyone should do, who will get a bonus, and so on. Yes, you can express your opinion, but it (most likely) doesn’t really affect anything. Because all the power is in the hands of one person — the director. Now imagine the same situation, but the director will no longer make decisions. Decisions are made collectively. By voting. All proposals are discussed, and then decisions are recorded in the blockchain so that they cannot be changed without the consent of others. For example, if the team decides that everyone should receive bonuses this month, and not just favorites, then so be it. This is how DAO works — without bosses, transparently and fairly. By the way, we are not the first to use the practice of creating a decentralized autonomous community. Uniswap DAO, MakerDAO, Aave DAO came to this form of management before us. Of course, you most likely still have many questions, for example: how do governance tokens work in DAO? How does DAO make money and who distributes the budget? What voting models are there and how do they avoid manipulation? What risks and weaknesses does DAO have? Which industries can completely switch to decentralization, and which have already switched? Is it possible to create a DAO for ordinary business? How does DAO change traditional organizations and why is it necessary? We will tell you about this in the near future. Our team is already preparing a detailed analysis, where we will put everything on the shelves. So stay tuned!