Genesis Gives New Vitality to DAO

[GS Blockchain]

The history of the evolution of the crypto world is like a history of buzzword rotation. In the past year, concepts such as DeFi, NFT, GameFi, cross-chain and metaverse have emerged and faded from the center of the conversation. Now, it’s time for DAO.

DAO is the abbreviation of Decentralized Autonomous Corporation. Due to the decentralized nature of blockchain, there is no single individual or organization that can decide the policies of each blockchain, but a DAO composed of all users who hold governance tokens to make decisions together.

Genesis makes it meaningful for users who participate in DAOs. Genesis breaks through the cross-chain technology barrier and realizes the world's first public blockchain combined with a commercial entity. Since the goal of Genesisis is to promote decentralized cross-chain interaction, including decentralized cross-chain asset trading and future cross-chain project cooperation. So unlike previous DAOs that can only support one project, Genesis can help the development of the whole blockchain industry back to the original intention of decentralization.

Genesis enables users to participate in governance decisions in a more equal, free and flexible way, giving them the right to participate in all aspects of the decision, while providing maximum feedback to the community as a whole.

For Genesis, it is in the interest of most people to evolve towards a DAO compared to a centralized platform. The process and results of each decision from initiation, discussion, to voting are publicly recorded and traceable. Genesis is conducive to strengthening community consensus, increasing user activity, and making the decision-making process more transparent, secure, and decentralized.

In the coming years, the prospect of DAO will gain more and more attention and may even disrupt the form of social organization. As a project that exists for the development of a global sharing ecosystem, Genesis opens up a new paradigm of democratic governance and organizational coordination for people with similar interests and values, and injects a steady stream of momentum into the development of Web 3.0 and even the metaverse.

Now, Genesis has entered a brand new era, let's follow it and look forward to a more decentralized future.