Shifting To DAO
We saw the time for a change.
Last updated
We saw the time for a change.
Last updated
According to Ethereum.org (), a DAO is "a collectively-owned, blockchain-governed organization working towards a shared mission". Aragon, one of the most popular platforms used to create and manage DAOs explains that () "to get things done, humans have always organized themselves into groups, tribes, squads, gangs, crews, teams, companies and other forms of collective action, and DAOs are no different", adding that "some DAOs are groups of developers or investors, others are pressure groups, companies, charities, local initiatives, etc.* In fact, almost any existing organizational form can be reimagined as a DAO".
For more information on DAOs we recommend reading the articles linked in this section.
The SaitaRealty DAO will bring holders to the center of decision-making in the project. The more active and engaged they are with the SaitaRealty ecosystem, the more influence they will have to vote and create proposals to enhance the DAO and decide on matters such as asset acquisitions, marketing, listings, product development and funding. Sharing brains and responsibility on equal terms with a community of hundreds of thousands (considering the entire Saitama community at the present moment) will make the project stronger, as the system we propose relies on members engagement and their engagement in turn makes SaitaRealty stable and sustainable.
The introduction of the DAO model to the SaitaRealty community starts with the publication of this Whitepaper. The DAO will become an umbrella for different components in the Saitama ecosystem, introducing new utilities for both $SRLTY and our mother token, $Saitama. However, the shift for the new model will not happen overnight: the process will be with each one involving planning, funding and execution to support the next phase.