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Nemus Docs
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  • NEMUS LITEPAPER
    • Welcome to Nemus
      • Why the World Needs Nemus
        • Welcome to the Jungle
        • The Value of Conservation
        • A Circular Economy
      • A Vision for Nemus
    • How Nemus Works
      • Acquiring Land
        • Forming a Protective Belt
        • Basecamps
      • Regions, Land Drops & NFTs
      • Economic Activity
        • Rewilding & Reforestation
        • Sustainable Forestry
        • Monitoring & Enforcement
        • Research & Development
        • Indigenous Co-ops
      • A Word on Carbon Credits
    • The Nemus Ecosystem
      • Participants
      • Value Flow
    • Nemus Technology
      • Cryptocurrency
      • Ethereum
      • Future Integration
      • The Nemus Web Application
        • Navigating the Map (Grid)
        • Managing an NFT Collection
        • Purchasing NEA
        • The Nemus 'Data Room'
        • Accessibility & Scalability
    • The Nemus NFT
      • Appearance
      • Location
      • Features
        • Categories
        • Biodiversity
        • Feature Rarity
      • Tiers & Classes
      • Artwork
      • Size
      • Sponsor NFT
    • DeFi & Game Mechanics
      • Conservation Mode
        • NEA Token Rewards
      • Exploration
        • Discovering Feature NFTs
      • Experience (XP) & Levels
    • The NEA Token
      • Digital Utility
      • Physical Utility
      • Tokenomics
    • The Nemus DAO
      • A Direction for Nemus
      • Where We Begin
  • NEMUS DROPS
    • Drop One: The Genesis Drop
      • Initiatives on the Land
        • Activities
        • Infrastructure
        • Social & Employment Opportunities
          • Nearby Pauini
          • Indigenous Populations
          • Squatters
      • Participating in the Drop
        • 'Mint' Tickets
        • NFT Sizes
          • Size Comparison Table
        • Ticket Auctions
        • Minting an NFT
        • Mint Queue
        • Gas Wars
        • Randomization
      • Legendary Artwork
  • RESOURCES
    • FAQ
    • Roadmap
    • The Team
    • Official Links
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  1. NEMUS LITEPAPER

The Nemus DAO

The DAO Concept

Decentralization and disruption are two of the core principles within the “crypto” ethos. It is through these principles that new models have emerged to make organizations more efficient, transparent and equitable. Ironically, through decentralization we can bring people closer together, disrupting the way we organize around common interests. Conventional models are now being challenged by the evolving notion of a decentralized autonomous organization, a.k.a, a DAO.

A DAO goes beyond ownership of assets or equity. It allows individuals to take ownership of their decisions and form a collective direction for their organization. It is a toolset that empowers self-governance. What makes it truly different from a conventional organization is that these decisions (and their impact) can be automated through a set of rules encoded in smart contracts and recorded within an immutable ledger. This level of transparency and automation makes it much more difficult to game or exploit a system.

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Last updated 3 years ago

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