Reading notes from Evolving the DAO: How decentralized companies can dominate Web3:
enabling everyone to contribute to a project’s growth and receive incentives based on their hard work.
a framework to ensure that daily operations are under control.
ensures that participants are financially committed and motivated to work in the best interests of a project.
Over time, users can accumulate Reputation Power, a decentralized business credentials system that’s based on collaboration history recorded on the blockchain. This means every wallet address can be evaluated so users can ascertain whether they are trustworthy or not.
Layer 2 solution
more functions for DAO management — and already, community members have developed task management, knowledge management and event management. This is coupled with a simple interface that Web2 users will find easy to understand, and straightforward APIs that pave the way for integration with other DApps.
integration with Web2, DeFi and NFT communities.
Integrating with DeFi protocols will enable community members to operate and manage their funds collectively and avoid being exploited by whales.
a range of additional microservice tools
decentralized companies will be able to launch their very own tokens.
What is DAO?
Imagine a vending machine that not only takes money from you and gives you a snack in return but also uses that money to automatically re-order the goods. This machine also orders cleaning services and pays its rent all by itself. Moreover, as you put money into that machine, you and its other users have a say in what snacks it will order and how often should it be cleaned. It has no managers, all of those processes were pre-written into code.
MetisDAO
https://metisdao.org/
https://metisdao.org/metis_way
https://metisdao.org/files/metis_whitepaper.pdf