Hibiscus DAO Whitepaper

In order to make creating DAOs seamless, a suite of governance templates that supports different objectives and structures needs to be in place to smooth the adoption curve and solve for mechanics design-project fit. Making the building blocks of token issuance and minting, incentive design, coordination, treasury, and community engagement more ato... See more

---------CONCLUSION DeFi's decentralized governance allows stakeholders to influence protocol development. Decentralized governance with DAOs can replace traditional firms' transaction costs, allowing crypto projects to welcome more diverse ideas and beliefs. To achieve these benefits, operational efficiency does not have to be sacrificed. Incorpor... See more

The revolutionary technology that makes DAOs so forward-thinking is that these functions are digitized and on the blockchain so that everyone in the community sees what decisions were made in one central source of truth, the public ledger.