Decentralized companies are the new normal, and the DAO revolution makes it possible

in hive-110112 •  4 years ago 

Consulenza Informatica Brescia

Thanks to the increase in Internet penetration and the advancement of communication tools, human working methods have continued to evolve in the past few decades, and advanced technologies have made remote office more and more feasible. However, until last year , the new crown epidemic of strikes forced the governments implemented measures to limit, employees need to work from home, many organizations just beginning to realize the feasibility of telecommuting.

Telecommuting is not new in the field of encryption. Many project construction and operation team members are distributed all over the world. Interestingly, this decentralized team has perfected the cryptocurrency technology, because the core attribute of this technology is information decentralization.

Coinbase is a top cryptocurrency exchange, and it has recently become a decentralized company. This company first supported its employees to work in any location, and after operating mainly for remote office for a period of time , it decided to turn to a decentralized company. Coinbase founder and CEO Brian Armstrong said that the reason why the company decided to decentralize itself was because of the success of the remote-based office approach during the new crown epidemic. This success made them realize that the overwhelming 9 4 % of employees believe that telecommuting is beneficial. This approach gives them autonomy, flexibility, and the ability to focus on work while enjoying private time. This employee-friendly work policy ultimately helped the company attract some of the world's top talents. In general, people think that telecommuting improves their sense of participation, sense of belonging, ability to learn from each other, and creativity in the team.

For a decentralized enterprise with employees all over the world, the traditional ownership structure and top-down management method may not be considered efficient. By giving employees at different levels the power to participate in decision-making, companies can become more multifaceted and make adjustments on the spot when conditions change. In order to democratize the entire process, the Decentralized Autonomous Organization ( DAO) was born. 2 016 years, the company called the company DAO published in the etheric Square. Because of its security issues triggered hacking attacks, which led to the suspension of the project and the hard fork of the blockchain, the company's lifespan was not long. However, the short-lived existence of this new type of blockchain application successfully proved the DAO concept and opened up a path for future development.

The original intention of the DAO program is to allow organizations to operate normally without a hierarchical management structure. Compared with traditional organizations, stakeholders of DAO projects or enterprises can participate in various matters. These community members take on an important role to ensure the smooth operation and development of the organization , and members will be rewarded to affirm their ecological concerns. contribution.

DAO evolves with Internet 3.0

Internet 3. 0 is regarded as the next stop of the route network development. Its essence lies in the decentralization of technological infrastructure, extensively relying on collaborative actions to realize that everyone can contribute and consume information without the need for a third party. Nowadays, if companies want to be interconnected, they need a new organizational structure to communicate and manage decentralized collaboration. This evolution can be achieved through the integration of fully functional DAOs. However , most DAO functions are now limited to voting and proposals , so there is still much room for improvement in this area.

For those companies that want to emulate Coinbase's transformation, a fully functional DAO can easily create and manage decentralized companies. To promote the adoption of decentralized collaboration and governance technologies, it is necessary to first solve the technical limitations and the associated high gas fees. The technical limitations are related to the complexity and scalability of the smart contract governing DAO, and it will be sooner or later to solve these problems. thing.

The Metis DAO approach-the future of collaborative organizations

The project that solves the problem that hinders the large-scale adoption of DAO is Metis, a Layer 2 solution based on Ethereum . Combining Optimistic Governance with a series of microservice tools, Metis achieves the scalability and accessibility of the easy-to-use DAO infrastructure and makes the DAO economically affordable.

In just 3 simple steps , users can create a decentralized company on the Metis DAO platform. Metis' built-in trust mechanism holds all participants accountable through pledged deposits, and this mechanism supports collaboration among users. In order to further achieve transparency and auditability, Metis has implemented a decentralized enterprise certification system, which allocates credibility by evaluating collaboration history, and this value is directly related to the incentives that users can obtain.

As a Layer 2 solution, Metis is responsible for processing all transactions on the special Optimistic Rollup side chain, and packaging multiple transactions into a single roll-up block, and the hash value of the block is submitted to Ethereum through a smart contract. This process greatly reduces the number of data items recorded in the blockchain and reduces the gas fee necessary to maintain the DAO. Metis will also further develop the governance and management templates on Layer 2 , including task management, knowledge management, event management, chat rooms, forums and many other functions. To use these functions, users only need to visit a simple and easy-to-use web page.

All features of Metis are facing new internet 3 .0 , it is destined to become the center of the company to create an outstanding platform. Soon , the Metis team will organize token airdrops and public offerings, so that the community will have the opportunity to participate and experience this new trend in the industry .

Official website: https://metisdao.org/

White paper: https://metisdao.org/wpcontent/uploads/2021/02/metis_whitepaper.pdf

Twitter: https://twitter.com/MetisDAO

Gthuitb: https://github.com/MetisProtocol/metis

Telegram: https://t.me/MetisDAO

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