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The purpose of the DAO is to create a fair organization than ones built by humans.
Imagine a public company, in which both you and I own shares with. But the direction of the company is controlled by the board of directors, and these leaders can make unilateral decisions that affect the entire company.
Note that the unilateral decision here does not mean something that is decided by one person on the board; it is something that the entire board decides together. However, peon investors like you and me, who only own a little portion of stock have no power to participate in these decisions.
DAOs are different, because every user who owns DAO tokens has the ability to make his own proposals, as well as the voting power to vote on proposals.
Everyone who doesn't even own the tokens will be able to see these proposals.
Transparency is not something a company, which follows the current operation protocol can have. Just imagine how many people knew about the change from Facebook to Meta before Zuckerberg announced it? Of course, not everyone has to know, and those who are not interested have the right not to know about any changes in the company that are not related to them.
DAOs are usually built on a blockchain and operated by a program called a "smart contract". And these smart contracts automate the common process that runs through current companies' operation model. Such as distributing funds, updating company rules and regulations, etc.
Those chasing Web 3.0 believe that the DAO is a more democratic system than the conventional way companies operate today. All rules, system changes, and personnel changes need to be voted and approved by all users holding DAO tokens, and cannot be changed.
According to the definition above, we can see that in order to build a DAO, a lot of programming skills are required. No one wants to run a company/community unfairly because of some bugs or bad programming.
Nutbox's DAO platform provides the Staking-based bootstrap protocol, Extensions and Governance; a community can create a DAO as easily as creating a token-pair on Uniswap, and guide the DAO to start and run. No programming skills are required.
In this way, a community can devote more energy to the study of the laws raised in the previous paragraph, taxation and other non-procedurally controllable human affairs.