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“DAO” stands for “Decentralised Autonomous Organisation”, a community that interacts around the hard-coded rules of coding in the blockchain, and the RND community is an autonomous community around the rules of blockchain code. The community is respecting and supporting the wishes of the founders and everything in the community is spontaneous and only evolves interactively around the contract code rules (which is a clear route).The great advantage of DAOs is known to be their global, permissionless nature. To join a modern company, an individual must prove qualifications and relevant experience, and then go through multiple rounds of interviews multiple times. Joining a DAO, on the other hand, has no physical limitations and is global, which allows them to grow much faster than companies.302f7ad1854cf01a93840d0d14a8ad38.jpgThe core rules and governance of DAOs are handled by smart contracts, similar to how the DeFi protocol automates the necessary trust between financial participants in the traditional world, so that there is no need to worry about self-serving CEOs or dishonest CFOs in the DAO world. it is understood that while the RND community is taking shape, the RND influence is getting stronger and the cohesiveness of the community is undeniable, the community’s also has shortcomings, as the RND contract does not set aside funds for community development, and although a 100% DAO community has been achieved, the RND project, which is in its initial stages, still has a long way to go before it reaches the point where it can manage community affairs as well as proposals by means of smart contracts.

Although DAOs can initially appear to be a concept and hype only, they have also shown a diversification in the development process, with a large number of projects and applications in areas such as venture capital, media, funding and collecting.

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DAO has been around for a long time and is not sequentially related to Web 3.0. At different stages, DAO has taken on different forms. In the early days we can use the common understanding of “gathering is a fire, scattering is a sky full of stars”, such an example can be interpreted by the volunteers in all corners of the world, we understand that the RND community they mostly for a purpose, by the faith or spirit to lead many acts of autonomy, such a mode of operation in the sense of autonomy A sense of autonomy is largely formed in this mode of operation, but certain people or institutions still need to be involved in it. Recently, the industry’s microbloggers and tweeters have been speaking out for RND.

In fact, 100% DAO does not mean complete decentralisation, but should be understood as complete community. Complete decentralisation this is a heavy, unresolved and contradictory topic in the industry.

DAO and Web 3.0

At the time of the rise of the internet and the start-up boom, companies were managed in a bottom-up manner, encouraging employees to participate in shared governance in the form of ownership, and even then full autonomy was not established, as they were still owned and supervised by the boss. Even if, as is the case, the various types of DAO that have evolved to claim to be of the Web 3.0 web era, can they be called more advanced? Yes and no, but they do describe decentralisation, autonomy and organisation more comprehensively, and basically carry the fully open source and autonomous type of system required by Web 3.0.

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Many DAO projects today are supported by smart contracts, they are able to automatically build around a mission, coordinate and collaborate through a set of shared rules enforced by blockchain smart contracts that allow any member to make decisions and participate in governance. More specifically, DAOs are forms of organisation empowered by technology. Behind the goal will be a strictly enforced system of rules, which are completely independent of the will of shareholders or individuals, combining a high degree of transparency, global nature, all-volunteer voting decisions, and non-tamperable rules with a range of advantageous features.

In contrast, the RND project is more of a MEME property, similar to the long-known Dogcoin, which originated from a grassroots culture and even threw its founder off the bus during the DAO process, with the community in a state of spontaneous governance. But what is more imaginative than dogcoin is that RND has a genius 12-year-old founder who doesn’t care about things.

When it comes to DAOs, it’s natural to talk about Web 3.0, which calls for a more open source and open network system than Web 2, an internet owned by its creators, builders and users. Through the use of tokens and decentralised technology, it aims to disrupt centralised intermediaries. There is nothing unique about democracy, which is the most fundamental of DAOs. For example, RND makes it clear that the only source of tokens available to everyone is the airdrop, and that there are no restrictions on access to the airdrop, which is open to everyone.

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We all know that in the context of the overall prosperity of the Internet, one Internet giant after another has emerged, and the bigger the cake, the more user interests are involved and the more user rights are denied. In a centralised organisation, users generate data but do not own it. The big players take user data to create wave after wave of benefits, but they also erode users’ trust in the platform again and again. Under the condition of decentralisation, DAOs are created to return the value of data to users and harvest the hearts and minds of the people.

At this stage, DAO is not as expected last year, and seems to be a bit “cool”. At this time, RND is taking the coin world by storm, and it needs time to see if it can become a hot spot in 2022.

When I saw RND, many people said they smelled the smell of “next year’s shit” from March last year …… I can only sigh, capital’s nose is more sensitive than dogs!

 

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