This is a long-delayed article that should have been written at the beginning of DAO.
As We spoke to more and more developers, We became aware of people’s multiple social identities and aspirations, and The DAO did not escape the whirlwind of struggles for profit. It was a series of experiences and hearsay events that led to the creation of this article.
People is the ensemble of the social relations. The people in DAO create a closer social relations, which in effect adds more “people”.
— 0xmiracle
About DAO
The DAO as We understand it comes from the cryptocurrency community, where Bitcoin can use code to secure issuance mechanisms and the creation of Ethereum has opened up the opportunity for more developers to use code to secure a working trust relationship.
From TheDAO, an interest in the expression of decentralised self-rights.
From the process of building Metacartel, an idea of Peter’s. Accompanied by a few like-minded community developers, the demo was developed after 2 weeks of discussion and at the Denver conference.
In short based on a number of codes which reduce the cost of trust by increasing transparency. It allows everyone to collaborate better together. It is a more flexible way of increasing the efficiency of the base in a digital society, reducing the barriers to setting up more companies.
Of course, getting together with a group of interesting people is a lot of fun.
About CEDGE DAO
It’s great that CEDGE was founded with what looks like orthodoxy, an interesting product IDEA, a WEB 3.0 guardian tool. With this idea, we participated in several hackathon and after countless all-nighters of development, we completed the product.
We’ve seen a bunch of people willing to contribute to the tool, from investment managers at venture capital firms, to product managers at Defi, to back-end developers at public chains, a range of people from different backgrounds. We are even more enthusiastic about our work than we are at the company.
After a few hackathon collaborations, we at Defi Summer realised that doing things with interesting people is the best way to get personal development in the industry.
1) Blockchain is a comprehensive industry that requires a combination of human skills. People who currently have a lot of experience in companies are usually professionals who do not have the opportunity to improve other competencies in an organised way.
2) People in the blockchain industry know that the return on investment is far greater than the salary, and those who only have a salary may not spend huge amounts of energy on project innovation.
3) A deep understanding of the technology comes from getting your hands on the development yourself rather than reading over the documentation. Ether (and blockchain as a whole) is a dark forest with more unknown potholes waiting for everyone to step into.
CEDGE has therefore decided to make a BULID for developers.
The aim is to make the entire blockchain available to every developer (token revenue) rather than just a salary, based on our vision of the world of the future.
