In the wave of the cryptocurrency world, Decentralized Autonomous Organizations (DAOs) have become the core force driving the spirit of blockchain. From early voting experiments to today's multi-billion dollar governance ecosystem, the concept of DAOs is reshaping the way humans collaborate. Among the many blockchain platforms, Polygon has become the ideal soil for DAO development, with its strong scalability, low transaction costs, and highly compatible features with Ethereum.
1. The core concept of DAO: from 'company' to 'community autonomy'
Traditional organizations rely on centralized management structures, where decision-making is often in the hands of a few top executives. The goal of a DAO is to replace layers of management with smart contracts, allowing community members to govern together in a transparent, democratic, and verifiable manner.