Wtf is a DAO?
A DAO, or Decentralized Autonomous Organization, is a new way for communities to come together and make decisions using blockchain technology. Instead of relying on a traditional company structure with leaders at the top, DAOs are decentralized, meaning every member has a say. Using tools like smart contracts (code that runs on the blockchain), DAOs can pool resources and vote on how to use them to fund projects, launch initiatives, or support creative ideas. Simply put, it’s a group of people using tech to organize and bring cool ideas to life.
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How does a DAO work?
In a DAO, each token gives its holder voting power. Typically, the more tokens you hold, the more influence you have, but the main idea is that every member with tokens can participate in decisions. Proposals are the heart of a DAO—any member with the required number of tokens can submit an idea, and the whole DAO votes on it. If the majority approves, the proposal gets funded. This open format means any idea, no matter how ambitious or unconventional, can be considered by the community.
In Kendama DAO, creativity and bold thinking are encouraged!
So how do I get involved?
The best way to start is by joining our community on Discord, where you can ask questions and get to know other members. Once you feel comfortable, you can participate more actively by bidding in a Kendama DAO auction. Winning an auction gives you a DAO token, which grants you voting power and allows you to submit proposals of your own. It’s an exciting, hands-on way to shape the future of Kendama DAO and bring your ideas to the table!
Special Thanks
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