What is a DAO?

DAO stands for Decentralized Autonomous Organization. Having been around since 2016, DAOs are now on the verge of becoming mainstream and potentially the next relevant trend.

Perhaps because of the epidemic, Web3 technology is becoming more and more mature, and more and more people are looking for new ways of working. As recently released by the Bureau of Statistics, by the end of 2021, the number of domestic flexible employees has reached 200 million.

Such a large data may also signal that the way DAO works is on the way to become mainstream.

People are looking for work environments where they can be freer, more independent, and more connected to the causes and teams they believe in, as opposed to less and less connection to typical hierarchies, companies, and similarly competitive environments.

If this trend continues, there is a good chance that you will hear more and more about DAOs in the years and decades to come.

why? Imagine a place where people from all over the world come together to work in an independent way, with no central authority, where rules and decisions are governed autonomously in 100% independent ways encoded by algorithms? Maybe the idea is crazy?

So what exactly is a DAO? First and foremost, a DAO is an organization. Everyone knows this.

We can easily refer to an organization as a group of people or entities that come together to work together for a common set of goals. The organization has established rules and protocols that define how members work together to achieve the goals they set;

Second, DAOs are decentralized. Therefore, it refers to the fact that the organization has no central entity, individual or shareholder that governs it.

Also, it doesn't have a typical hierarchy. Decentralized organizations have emerged in many places, mainly in the form of communities, or more forward-looking enterprises that employ work models such as contractual and self-governing.

There are no rules that enforce a direct hierarchical structure, and people come together for a purpose. There may be different roles, but they are all part of a flat structure where information and decisions are distributed among the members of the organization.

Third, and this is where it gets interesting, it's autonomous! Autonomy means that the organization itself is completely independent, does not necessarily belong to anyone, and is able to govern itself. That is to say, in a typical organization (even a decentralized organization), people are the owners of the organization, the bearers and executors of decisions.

A DAO is something that somehow makes and executes decisions for itself. Why? Because DAOs are created and deployed on the blockchain, a technology that enables organizations to be fully autonomous.

The organization and the rules for establishing it are written in smart contracts in a distributed blockchain, and the actors and entities involved in the governance of the organization are also part of that blockchain.

What is Metafuture Hero?

Metafuture Hero was established in early 2021. It is a joint launch of the Swiss HR Foundation, the Finnish blockchain technology laboratory Supercell, the well-known blockchain investment platform AnimocaBrands, the American Ancos Ventures, and the Singapore Nutshell Metaverse Development Platform. The one-stop decentralized ecological platform. Metafuture Hero will be deployed on ETH, HECO, MATIC, Sonal, and OkexChain successively, aiming to be a future business ecological platform that integrates with multiple public chains. The Metafuture Hero chain is an independent and innovative blockchain operating system oriented to the future ecology. It is a decentralized Dapp multi-infrastructure based on the blockchain public chain, covering the Metaverse ecology, chain merchants + new self-media ecology, and decentralized transactions. All ecology and NFT ecology, etc.

Metafuture Hero DeFi is a decentralized financial system with three major advantages:

1. Individuals with asset management needs do not need to trust any intermediary agency. The new trust is rebuilt on the machine and code;

2. Anyone has access rights, no one has central processor control;

3. All protocols are open source, so anyone can collaborate on the protocol to build new financial products and accelerate financial innovation with network effects.

For example, based on the Metafuture Hero decentralized DAO trading platform, HR, DAO, and TOKEN are used for settlement in each transaction function section to achieve truly decentralized and transparent transactions. Decentralized exchanges are different from centralized exchanges, which implement transactions through smart contracts on the chain. Traditional centralized exchanges trade off-chain. When you use different centralized exchanges, you need to repeat account registration and KYC authentication. With DEXs, this problem does not exist: you only need to have a wallet to use different DEXs. The moment you transfer an asset from your wallet to a centralized exchange, the actual control of the asset is no longer in your hands. The amount of the currency you see in the exchange account is just the certificate given by the exchange: indicating the corresponding currency and amount that you can withdraw.

These assets are actually controlled by centralized exchanges, and this centralized management model often has serious security risks. In history, there have been many vicious incidents of exchanges stealing and misappropriating user assets, and there have also been many malicious attacks on centralized exchanges by external hackers. In the absence of supervision in the industry, only the moral bottom line and technical strength of the exchange can restrain the occurrence of vicious events. Decentralized exchanges do not have this risk. Your assets are always kept in your own wallet. The Metafuture Hero decentralized exchange (DAO) platform is only responsible for matching transactions and does not touch your assets.

What is HR?

HR is the abbreviation of Metafuture Hero, and it is also the circulation certificate for the entire ecology of Metafuture Hero in the future.

Total HR: 60,000,000 pieces

Delivery: 9,000,000 pieces (15%)

Operation and maintenance: 600,000 pieces (1%)

Technology: 600,000 pieces (1%)

Foundation: 1,800,000 pieces(3%)

Genesis Community: 1,200,000 pieces(2%)

Ecological construction: 46,800,000 pieces(78%)

HR (DAO) value?

·Incentives

In the Metafuture Hero ecosystem, various Dapps motivate users to participate in the form of HR

·Governance mechanism

Having the same rights as currency shares and having HR tokens means owning Metafuture Hero's "company shares", and everyone in the community has the right to vote and govern.

·Market launch

In each Dapp launch stage, in order to launch into the market as soon as possible, Dapps in the ecosystem need to hold a certain amount of HR to give back to seed users. With the prosperity of Dapps, the demand for HR will also increase. Invisibly, HR has become an ecological hard currency.

·value investment

With the same price of currency shares, the maximum supply of HR cannot be changed in the algorithm. With each HR destruction and deflation, the total amount decreases linearly; new Dapps continue to prosper in the ecosystem, and the demand continues to increase. Therefore, HR has natural and stable value-added properties.

HR (DAO) advantages?

·100% used for MetafutureDapp ecological platform

·HR continues to deflate in consumption and destruction, and increases steadily

·Data can be checked on the chain, 100% transparent and safe

· Various applications in the ecosystem reward users for HR, and experience a rich and diverse experience

· Fair and just, no one has special rights

·Participate in all Dapp applications in the ecosystem only through HR, without the need for multiple additional digital assets

·New technology

Blockchain + 5G + big data + virtual reality, leading the integration of physical and virtual, creating a new business environment and new employment opportunities.

·New Finance

Actively embrace the country's call for common prosperity, transform from the traditional oligarchic financial model to the DEFI decentralized financial model, and redistribute social wealth.

·New relationships

Holding coins means dividends, and everyone is the boss. Token economy is the DAO governance of traditional business, which adjusts the unfair phenomenon of labor and remuneration to the greatest extent.

·Diversified Dapp virtuous circle ecology

The Metafuture Hero decentralized Dapp platform is an ecological platform involving the metaverse, chain merchants, self-media, decentralized exchanges, NFT and other fields. It is independent and cross-circulated with each other, which is very conducive to the healthy development of the ecology.

Metafuture Hero's Vision and Mission

The core idea of Metafuture Hero is that projects can be done in a fairer and more sustainable way, and can benefit everyone involved.

Metafuture Hero hopes to create a multi-dimensional decentralized Dapp token platform that combines virtual and real, users can not only interact freely with each other, but also enjoy business services linked to the real world, and strive to move towards the Internet and Decentralized Autonomous Organization (DAO) next stage.

Metafuture Hero adheres to the values of decentralization, decentralizes power, and provides equal participation opportunities for all users. Everyone will use their own advantages to help the development of the project, and users decide the direction of the project development. Provide tools and resources in a virtual space to create a fun adaptive environment for individuals to thrive and make money, no matter who, or where, can join us.