DAO1 is a community-led socio-economic blockchain infrastructure project that encourages innovation and promotes financial independence through a suite of specialized products and services. As we ensure transparency in our operations from early on through decentralized governance, we are striving to reach out to the community to explain the project and its benefits.

We are reaching out to a broader community to make them understand what DAO1 is all about. As a part of this initiative, our team continues to interact directly with the crypto community over various channels including AMA (Ask Me Anything) sessions conducted by some of the reputed cryptocurrency and blockchain communities and groups on different platforms.

DAO1 is the first community-led decentralized economic initiative with innovative and functional financial products and services. It is guided by a democratic digital governance system popularly known in the cryptocurrency industry as Decentralized Autonomous Organization (DAO).

The decentralized autonomous organizations have become popular in recent times. So much that Wyoming in the United States has recently clarified that the legal status of DAOs in their jurisdiction, starting July 1,2021 will be akin to that of Limited Liability Corporations.

This is a good moment to look at the differences between Bitcoin and CloudCoin to understand where the future is heading and why CloudCoin is better than Bitcoin for the financial world.