Article Summery: Our Perspective
BLOCKS is the World’s First DAO, LLC that runs on peer-to-peer software backbones and empowers groups of people to make non-hierarchical decisions about shared resources, like funds.
BLOCKS have the potential to change the world, by making collaboration radically more accessible, direct, and scalable. Most entities at their start are managed by a small membership team to steward the organization’s early success. In the context of a DAO, member-managed support begins to evolve from a self-managed organization to a progressively decentralized autonomous entity.
At the start, BLOCKS intends to lay the early foundation for the DAO to grow into a fully autonomous, algorithmic entity.
BLOCKS DAO, LLC is offering simplified blockchain architecture to make it easy and simple for organizations, businesses, and industries to onboard without any glitch.
- The team seeks to deliver a simplified, hybrid, web 3 blockchain network for enterprises and businesses. BLOCKS will revolutionize the ways enterprise companies engage with blockchain, setting a new standard for industries worldwide. This will help the network to offer a solution to the blockchain trilemma that includes security, speed tradeoff, and scalability.
BLOCKS will leverage an improved asset tokenization standard known as ERC-777 on the Ethereum blockchain.
- The team seeks to deliver a simplified, hybrid, web 3 blockchain network for enterprises and businesses. BLOCKS will revolutionize the ways enterprise companies engage with blockchain, setting a new standard for industries worldwide. This will help the network to offer a solution to the blockchain trilemma that includes security, speed tradeoff, and scalability.
BLOCKS DAO, LLC aims to migrate traditional industries onto the blockchain.
BLOCKS DAO will be awarding grants to aerospace, automotive, defense, government, sports, entertainment, insurance, hospitality, retail, real estate, ticketing, payments, and more seeking to migrate onto the blockchain. Apply here.
Decentralization is the ethos of BLOCKS. As the first legally registered DAO LLC, we are committed to building the gold standard for DAOs across the world. When fully decentralized and operational, the following
- Flat, and fully democratized.
- Voting is required by members for any changes to be implemented.
- Votes tallied, and outcomes were implemented automatically without a trusted intermediary.
- Services offered are handled automatically in a decentralized manner (for example distribution of philanthropic funds).
- All activity is transparent and fully public.
Why Join the BLOCKS DAO?
BLOCKS DAO LLC aims to migrate traditional industries onto the blockchain. Through a blend of blockchain and non-blockchain partnerships, BLOCKS intends to grow the utility of its digital asset to become a unit of measure for Blockchain.
Our goal is to become blockchain agnostic and integrate existing applications into blockchain technology using BLOCKS. We welcome like-minded individuals, entities, and network participants to join in on our mission of setting the standard for a legally registered DAO LLC.
DAOs are one of the most innovative developments in the cryptocurrency space, and investors should closely follow them and their related governance tokens.
BLOCKS is building an open-source software stack for DAOs that includes a library of governance protocols and friendly interfaces for creating and managing DAOs.
BLOCKS aims to support the entire process of building DAOs, and so the stack currently includes everything from basic peer-to-peer decision-making modules to a fully functional user interface that requires no technical knowledge.
BLOCKS builds organizations for all types of collective work, and it also contains tools to link these organizations together, so as the network grows, all its member organizations are strengthened.
Read the full article on TechTimes
Sources:
- https://twitter.com/blocks_dao
- https://www.blocks.io/dao#dao-blockchain
- https://docs.google.com/document/d/1zkYrThuwN8hPFr1KNA_o7SoC-rtjIS1QWC4SgcOX6Io/edit?usp=sharing
- BLOCKS Pdf file
Publications: TechTimes
