Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][Pre-TGE]🌐👥🌌Crypt-ON - Multipurpose blockchain platform🌌👥🌐
by
cantap
on 18/11/2018, 18:54:46 UTC
Quote from: avalane9z on November 18, 2018, 06:53:03 PM
Quote from: cantap on November 18, 2018, 06:52:01 PM
Quote from: avalane9z on November 18, 2018, 06:50:01 PM
Quote from: cantap on November 18, 2018, 06:48:46 PM
Quote from: avalane9z on November 18, 2018, 06:47:07 PM
Hello there everyone.... Probably a stupid question, but am I right that DAO is a decentralized autonomous organization? And Crypt-ON is coming to DAO, right?

Hello. Yes, you are right. DAO is a decentralized autonomous organization  Wink

And what are the key benefits of implementing DAO nowadays? Because I see kind a trend...

Well, great question. It is a new form of economic organization in which there is no vertical hierarchy, and each participant is a full co-owner. This is a new type of economic organization, in which there is no vertical hierarchy, and each participant is a full co-owner  Smiley

So kinda more equal rights, right? Well, may be quite widely spread soon in this case...

Yeah, exactly! The DAO is independent of political and financial institutions and operates on the basis of the rules laid down in smart-contracts, and it uses cryptocurrency instead of fiat money!!!