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The DAO’s Mission: To blaze a new path in business organization for the betterment of its members, existing simultaneously nowhere and everywhere and operating solely with the steadfast iron will of unstoppable code.
DAOs will be at the center of many economies going forward and intend to be at the forefront of supporting innovative and promising projects, products and services in order to become 'The DAO': A flexible decentralized autonomous organization leveraging the wisdom of the crowds to benefit the DAO Token Holders.
The DAO is a for-profit DAO that will diligently use the ETH under its control to create value and provide benefits to its members while collaborating and improving the decentralised ecosystem as a whole.
While there is a particular interest in the sharing economy and IoT applications of the blockchain, The DAO is not limited to these market verticals. It is open to exploring any and all new markets unlocked by blockchain technology.
The DAO’s Token Holders debate the viability and profitability of Proposals on or off-chain through its forums.