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DAOs – The Next Big Trend in Crypto 2022What is DAO? DAO (Decentralized Autonomous Organization) is a methodology for quickly organizing a large group of people to achieve specific goals and tasks. In DAO, control is distributed among all team members, rather than one main figure. Most modern companies, or any kind of enterprise, have a strict, hierarchical, vertical management structure with bosses, presidents, and boards of directors. Decentralized organizations have a flatter management system, where each person has a voice and the ability to put forward a proposal to change or improve the organization. The classic daily functioning of an autonomous organization implies the absence of intermediaries and full or partial automation. Everything is executed and written using smart contracts. The number of votes a DAO member has - can be measured by the number of governance tokens in his wallet. Also, an equal vote can be held, where everyone has one, equal vote, or a quadratic vote distribution scheme is applicable, etc. Blockchain and smart contracts guarantee transparency and no falsification. Why do you need it? Already, most of the crypto projects and investment funds are DAOs or are switching to this type of management. By understanding their structure, you will better understand the market. DAO is politics and democracy. Politics can be interesting too, especially when it is transparent, and your decisions influence something. DAOs bring money not only to their creators but also to ordinary members of the community. Organizations have their funds and grants. If you know various fields, organizations, and management skills, as well as a desire to take part in the development of web 3.0, then DAO is your chance for implementation. How does DAO work? Each organization has its own goals and objectives. The tasks that are assigned to the DAO are called mandates. For example: developing a network, attracting new supporters and users, mobilizing community activity, creating and maintaining content to promote projects and infrastructure in general. The direct execution of the mandates will be carried out by the Guardians. The DAO is community-driven and it is the core principle it is built on. However, a structure is important for any community where each person takes on a specific role and understands his area of responsibility. To structure the community, custodians are elected by voting in the DAO for a certain period. During the selection period of the custodians, every member of the community can nominate himself by providing a small resume about himself. The main task of the custodians is to organize the voting process and carry out the decisions made. Each of the custodians has their competence and area of responsibility for the implementation of mandates. Custodians are also responsible for the DAO fund (treasury) - money that is spent to achieve the goals indicated in the mandates. To spend treasury money, you need at least six out of nine Guardian votes. For this, a multi-signature system was created in the blockchain wallet. Where treasury money will be invested is decided, like everything else, by voting. Only stakeholders have access to management and participation in voting. Voting takes place on the blockchain and is completely transparent. In a first ballot, nine curators were selected to organize the subsequent work of the DAO. The community is the main and only governing body and driving force in the DAO. As with any organization, all community members who contribute to a common goal are fairly rewarded. DAO is the structure of the organization that is ideal for committed and committed people who are ready to invest in a common cause. All positions and employees are generously paid. You will find your role in the DAO, even if you are just ready to come up with bold ideas, answer questions in chat, or like politics. Any people interested in developing a common cause and forming a community will be able to realize their potential. Trends 2022 - DAO DAOs are one of the most important constructs in cryptocurrency, and they will change every aspect of economics, politics, and possibly even your social life in the coming years. If 2020 was all about DeFi and 2021 was about NFT, then 2022 will be the year of the DAO. The backbone of the Web3 economy and the wild world of the DAO is your wallets, which are like your personal data stores. Whether it's Metamask or Coinbase on Ethereum, Phantom on Solana, TerraStation on Terra, or something else. The tokens in these vaults give you access to cryptocurrency and will become more and more important in the coming years. In five years, people may be looking at the current wallet landscape and grinning at how primitive we were, but some solutions (eg Zapper, Zerion) show how we are getting closer to the time when our wallets can act as universal identifiers and data managers. Will DAOs exacerbate poor workforce dynamics that are already a problem for other service providers in the gig economy? Perhaps, there are many more positive aspects than negative ones. Early contributors will at least participate in improving the performance of the platform they are helping to create, even if those platforms result in variable labor costs. In any case, Web3 tokens are impossible not to invent. You will be working in DAO someday. Better to start now, while the alpha is at its highest. In some jurisdictions, it will become illegal to work for an unregistered DAO. On the other hand, other jurisdictions are likely to invite DAO employees with unique tax codes that take into account the difficulty of obtaining taxes without employer and bank oversight. Providing better treasury analytics to communities can significantly improve governance decision-making. It's not just the best treasury management practices, but also in the absence of professional treasury managers. The arrival of qualified financial managers for the DAO opens up great market opportunities and will help protocols be prudently diversified to ensure they are well-capitalized under all market conditions. The open and permissive nature of blockchain has led to a monumental shift that is redefining the relationship between protocols and their investors. Token Terminal (fundamental data), The Graph (on-net data), Nansen (fund flows), Dune Analytics (aggregated metrics), DeFiLlama (TVL), and Messari (market data and offline events) are essential tools today to help users get a complete picture of what is happening in the market. Venture DAOs are already hot and by 2025 one of the most active and largest venture capital funds with a large volume of assets will become a DAO. We also began to see DAO mergers and acquisitions gain traction. The next frontier could be the acquisition of Web2 by Web3. Most projects aspire to become DAOs, as this type of management brings money not only to the creators but also to ordinary members of the community. Possessing useful skills and knowledge, having the opportunity to influence DAO decisions regarding organization funds (funds, grants, etc.) and other issues within the framework of their transparent policy, everyone gets a chance to implement their ideas. Best regards EXCAVO
Editors' picks
BITSTAMP:BTCUSD
by EXCAVO
69
EGLD (Elorand) Facing a Moment of TruthThis is a cryptocurrency that was brought to my attention by someone in my latest stream. Two things I liked about this chart. (1) How this coin has been consistently outperforming Bitcoin with higher lows, and (2) how it is sitting in a sensitive spot right now that will determine its future path for many weeks ahead. I will keep adding to this idea as price action progresses. I will cover it in my next stream for sure. Let this be an anchor holder. You can follow this chart here .
Long
by TechNerdOmar
Aleph.im Decentralized Database- i am always sneaking around for new "Gems" and that project could be one of them. - it's a "Filecoin" concurent but multichain, not yet famous. Dyor more about this project : aleph.im - 500M supplies and 0.4$. Price is still very cheap imho. - What Is Aleph.im (ALEPH)? Aleph.im is an open-source crosschain network featuring decentralized database including file storage, computing, and a decentralized identity (DID) framework. Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. You can think of aleph.im as a decentralized AWS or firebase. Aleph.im is focused on supercharging the DeFi ecosystem. ----------------------------------------------------------------------------------------------------------------------------- Trading Plan ----------------------------------------------------------------------------------------------------------------------------- Option 1 : Buy now if you wanna invest for long term because, i am not even sure that this coin will retrace. Option 2 : Keep juice for a retrace and buy around 0.25$. Option 3 : If dip more full buy at 0.15$. Take Profits : Before 1.2$ ----------------------------------------------------------------------------------------------------------------------------- invest wisely and stay safe. Happy Tr4Ding !
Long
by thecryer
18
Databtc 2022 price projectionStreamr(DATA) is launching new features in 2022 including staking data coins. This is a web 3.0 project (decentralized P2P real-time data pub/sub network) which you can create nice applications. 130K nodes have participated in the recent testnet, which shows good community support. In addition, according to the CEO the latency was only 350ms. This is a promising number for a web 3.0 project because it is hard to scale a decentralized network for technical reasons. The chart is looking good for the midterm. There is a good possibility that the price will perform a butterfly pattern. Commodity channel index supports the idea by making a falling wedge that indicates a bullish sign for the coming months. IMPORTANT NOTE In order for this to happen we should not enter a big bear market due to some economic crisis. If the markets go well for the next 6 months, I think there is a very good possibility that this analysis will work.
Long
by Lydian69
MANA is going up from here! BINANCE:MANAUSDT Mana is surely need to go up from here, and can only fail if BTC truley falls into the bears hands. we have: 1. 68% on the fibonacci level acting as a support over all when we zoom out. a strong clue that the big picture bull run is still in progress. 2. bulls triangle with a breaking green candle with nice volume. 3.visible divergance on the rsi indicator indicates a short term trend reversal. 4.clear resistance levels on the volume profile indicator that can easily act as support if we are moving over allthough we need to track carfully those spots. may be a rejection, take profits smartly. 5.clear and nice cross on the macd indicates a possible trend reversal. 6.100 EMA golden cross. 7.reversal breaking EMA's of the vpvr indicator on the 4H chart. take profits level are : target 1 - 3.6 target 2 - 3.9 target 3 - 4.6 too much signs for it to fail although crypto s truly sometimes unexpected, calculate your risk wisley. "not a financial adviser" "only an idea"
Long
by itay989898
DYDXIt comes down as a channel pattern To climb, you have to break the dynamic and static roof at the same time at the price of $ 12 Given the small market value, the risk is high You can enter in several steps My SL is priced at $ 7 Do not use SL and reduce the average purchase at the bottom of the channel . I have identified the goals using three-point FIB Of course, one can look at history and draw resistances ... . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
Long
by MohammadWaezi
16
WAVES vs BTC & USDT - dual charts, breakout imminent! WAVES looks to be winding up for a big move already one of the major DEX coins and been a player in the crypto-sphere for a long time now 3D chart looking for a clear breakout, the fibs will help with possible targets for entries and exits WX is their new token meant fo rliquidity pools which could attract the right conditions for a major play lets keep watching over next few weeks, we see as low as $12 and highs well over $30+ so good margins to play with there, its currently green in a mostly red market (24hrs % change) have a powerful week ahead have a powerful week
WLong
by majorlee
It's time for DYDX24 hour trading volume is up 102.35% at $557m while DYDX has a Market Cap of only $875m Their next epoch is on December 21st giving us 18 days before 3,838 (at the time of writing this) more coins hit the market. It's price has retraced 59% from it's high when first was listed on Binance and has bounced off it's support at $12 twice with a 44% gain the first time. I'm expecting it to break trend on this channel down and think we could easily see returns from 60% - 106% in a short in a short period of time.
Long
by JoshuaDanford
CAKE near supportHello Everyone Famous decentralized exchange sponsored by Bainance... CAKE had an uptrend after 77% correction but failed again and is back to support at $ 11.5 and $ 9.5. Enter the buying position in a few steps The first step is $ 11.5 The second step is $ 9.5 Distance to historical ceiling 270% . . If you have any questions, you can write it in comments below, and I will answer them And please don't forget to support this idea with your like and follow, thank you...
CLong
by MohammadWaezi
3
TRXUSDT 4HHi everyone The price of TRX is ready to record higher ceilings The $ 0.10 resistance level is the first hurdle it faces If buying pressure continues to rise, investors can expect to try again at $ 0.11 and $ 0.12. Prices are required to stabilize above $ 0.92 to maintain buying pressure Is Failure to maintain the price above the support puts the price on a downward trend in the area of ​​daily demand, which ranges from $ 0.082 to $ 0.087 Buyers can return to the market as long as prices remain above this range But with candle closing below the $ 0.082 level, the uptrend scenario will be nullified Thankful
by shayanfb
2
MATE - New kid on the blockSimple chart on this new promising project called MATE Why I'm posting this? Bottom looks to be in. Nice volume candle on the daily. Recently added roadmap and as I know by now, MATE devs always deliver. This is a mid to long term hold and could be very profitable, it's a must-have at this price for every portfolio. SOME FACTS What is MATE? Mate is a DEX, you can compare it to Uniswap and Pancakeswap but with one very big advantage - YOU CAN SET LIMIT ORDERS! Also has a high (but sustainable) yield on farming and staking has been released. Total decentralization by governance release is coming to. How is MATE distributed? MATE is a fair launch token that can be earned by adding liquidity and adding it to the MATE farm. (APR at the moment is 373%) Some tokenomics (to date 13-11-2021) Max supply: 100.000.000 Current circulating supply: 5.983.297 Marketcap atm: $ 925.085 Roadmap to end 2021 GOVERNANCE Contribute your ideas using xMATE governance token WEBSITE V2 Showcasing the features, use cases and upcoming developments DEX AGGREGATION More powerful limit order filled at best price across AMMs MULTICHAIN Partnership with a new L1 Enjoy the moment to get in before the marketing starts.
M
by Dmoootje
2