DAO
(DECENTRALIZED AUTONOMOUS ORGANIZATION)
1. Governance and Decision-Making Mechanism
✅ Decentralized – All decisions are made through community voting.
✅ Automated – Decisions are executed via smart contracts.
✅ Transparent – All transactions are publicly recorded on the blockchain.
2. Ownership and Shareholders
✅ DAO tokens replace traditional company shares.
✅ Every token holder has voting rights.
✅ DAO shares can be transferred and programmed.
3. Legal Structure and Liability
⚠️ DAOs usually do not have legal entity status.
⚠️ DAO members may have unlimited legal liability.
⚠️ DAOs are often registered in jurisdictions offering special legal statuses, such as Wyoming (USA) and Zug (Switzerland).
4. Employees and Organizational Structure
✅ Participants are independent and take on roles through voting.
✅ There is no central manager; tasks are distributed via smart contracts.
✅ Workers usually contribute to specific projects and receive crypto payments.
5. Transparency and Auditing
✅ All decisions and financial transactions are visible to everyone on the blockchain.
✅ More resistant to manipulation.
1. Governance and Decision-Making Mechanism
❌ Centralized – Decisions are made by a board of directors and a CEO.
❌ Human-dependent – All decisions are enforced by written rules and human managers.
❌ Not transparent – Internal company decisions are usually not public.
2. Ownership and Shareholders
❌ Shareholders are specific and legally registered.
❌ Shares change hands through legal processes.
❌ Voting rights usually grant more power to major shareholders.
3. Legal Structure and Liability
✅ Has a legal entity under the Turkish Commercial Code (TCC) and similar laws.
✅ Shareholders have limited liability.
✅ The company can enter into contracts and take legal actions.
4. Employees and Organizational Structure
❌ Hierarchy exists between management and employees.
❌ Salaries are fixed, and long-term employment contracts are made.
❌ The employer has direct control over employees.
5. Transparency and Auditing
❌ Financial transactions and decisions are usually stored in internal and private documents.
❌ Audits are conducted by government agencies or independent auditors.
Hybrid DAO
Implementation Steps and Roadmap