DAO/DAC

DAO 

DAc 

Distributed Autonomous Organisation

Distributed Autonomous Corporations

“Web 3.0” was coined by the Ethereum founder as a reference to a decentralized online ecosystem Such organizations are called DAO or DAC.

 This new technology has allowed the creators to use the internet without involving any centralized authoritarian position 

DAO or DAC is an organization that is run through rules encoded as programs or codes called smart contracts. 

BENEFITS OF DAOs and DACs

A Borderless and Non-Jurisdictional Organization  

An Increased Sense of Ownership for Members  

Ability to Foster New Business Relationships 

Early Preparation for the Future of Decentralized Organization 

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