Metaland - Web2.5 Semi-DAO
  • Metaland - In 60 Seconds
    • EpX: What ... 20M $MLS Airdrops !?
      • Allocation
      • Assessment
      • Unlocking $MLS - Builders
      • Unlocking $MLS - Official Partners (TBC)
  • Ep1: Earn Money Easy As R.B.C
  • Ep2: Our Edges
  • Ep3: Your Daily Habits Just Become More Valuable
  • Ep4: The Web2.5 Semi-DAO
    • ...Web3.0 Is Not Ideal
    • ...DAO Is Not Perfect
    • Balance Is Excellence.
  • Ep5: 4+2 Is Our DNA
    • A) Self-sustaining Profitability
      • We⸱Play - Free To Earn
      • We⸱Play - WinTokens
      • We⸱Trade - Spots & Contracts
      • We⸱Invest - Invest In Web3.0
      • We⸱Promote - Social Tasks with Rewards
    • B) Web2.5 - Bridging Web2.0 & Web3.0 Users
    • C) Semi-DAO
      • We⸱Govern
        • Status - TBD
        • Rights - TBD
        • Revenues - TBD
      • We⸱Share
  • Ep6: ChatGPT Is Our Employee
  • Ep7: $MLS
    • How It Works?
    • Tokenomics
    • Dividends
    • Buyback
  • Ep8: The Rest Is History
  • Ep9: What's Next ...
  • Ep10: Your Journey Starts Today
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  1. Ep4: The Web2.5 Semi-DAO

...DAO Is Not Perfect

Previous...Web3.0 Is Not IdealNextBalance Is Excellence.

Last updated 2 years ago

Anon: How about the semi-DAO part though... why are you always trying to be different? Just call it a DAO!

Narrator GPT: Well, to answer this, let's try to understand first... what is a DAO?

  • DAO stands for Decentralized Autonomous Organisation. DAOs offer automated efficiency by built-in smart contracts, a high transparency in organisation and removing the need of a central authority.

  • The drawbacks of DAOs are that it is relatively inefficient in decision makings - since all members have to vote on proposals.

  • Moreover, decentralized governance is not as decentralized as it seems - taking the example of Uniswap:

Anon: So how is a semi-DAO different huh?

Narrator GPT:

  • At Metaland, all NFT holders are a part of our governance committee. There are different rankings in NFTs - representing different governance and voting rights.

  • We balance between efficiency in decision-making vs. decentralization - a key concept of being a semi-DAO.

  • Our Team will participate in the governance committee, hence we call this a semi-DAO model. However, not all functions at Metaland requires our Team's involvements.