Supported by DAO
DAO stands for Decentralized Autonomous Organization. It may sound complicated, but at its core, a DAO is simply a way for a group of people to work together and make decisions without needing to rely on a central authority or a traditional hierarchical structure. This is an exciting new way of organizing ourselves and our resources toward a common goal.
A DAO is run on a blockchain, and therefore is highly transparent. Instead of decisions being made behind closed doors, decisions can be made in a transparent and democratic way, through a voting process. In addition to participating in the decisions, every member can see every decisions and transactions that has been made by the organization.
The Meta Fight Club will be supported by a DAO running on the blockchain, that will allow our community to express their ideas and opinions through voting. The DAO structure will also allow us to align the incentives and interests of everyone within the community.
By working together in a decentralized and democratic way, we can build the fight promotion that truly represents our interests and goals.