DAO as an Important Part of Web3

DAO allows its members to unleash their creativity. There is a growing trend of manufacturers relying on artificial intelligence and machine learning technologies in lieu of manual labor. As such, there is a definite possibility of artificial intelligence replacing labor on a large-scale basis. In such an environment, HyperDAO is pushing and encouraging innovation and creativity in its members to mitigate against the impact of artificial intelligence in the context of labor loss.

We were surprised to find that a large number of DAOs already exists across multiple sectors; including social media, content creation, product curation, services, app development, etc. These DAOs manage funds that amount to tens of billions of dollars, and it seems like this is just the beginning. The growing scale of DAOs has attracted global attention, and new institutions and talents are pouring into the sector. If we say that the concept of “enterprises” is what defines our modern society, then the continuous development of DAO would eventually usher in a new digital era. Sooner or later, DAO will become an important part of the new Web3.

One of the core pillars of Web3 is “ownership”, which gradually leads to users controlling the ownership of their own data, thereby strengthening personal privacy. As decentralization becomes increasingly important, data security will also become an important issue to tackle. By adopting key infrastructure from the crypto sector, the world of Web3 could help millions or more employees move toward “ownership” of their assets in the truest sense. When DAOs become a core element of Web3, it will make up for the deficits in the existing operational model of enterprises, allowing more large-scale collaboration between users.

Now that we have addressed the importance of DAOs in the world of Web3, let us explore the biggest advantages of HyperDAO:

1. HyperDAO allows individual users to truly enjoy “ownership”, and fully unleashes user creativity in the labor market;

2. Not only does HyperDAO incentivize user engagement, it also fundamentally changes the way contributors view their own efforts and labor;

3. HyperDAO allows all work to be based on the pursuit of a larger goal; a goal that is collectively shared and enjoyed by every single member of the community. This can motivate the members to do more, to bring about unprecedented success, and to create a unique atmosphere for the community.

Due to its complexity, there are still many who do not understand what a DAO is. However, more and more enterprises are starting to explore a decentralized operating model. We believe that decades from now, more people will work in decentralized entities rather than large centralized corporations.

HyperDAO has been developing at a great pace in the past couple of years. With the success of its cross-chain bridge to Binance Smart Chain, HyperDAO has attracted the attention of quality projects around the world. As the concept and popularity of DAO continues to evolve, HyperDAO believes that it will become an integral part of our digital world.