About

WHAT'S A DAO?

A DAO, or Decentralized Autonomous Organization, is like a digital club or organization that operates based on pre-set rules. Imagine a club where decisions aren't made by a single president or a board, but by its members through a voting process. Instead of being run by traditional hierarchical structures, a DAO uses blockchain technology and smart contracts (which are like automated if-this-then-that rules) to operate. Members typically hold tokens, and these tokens might give them the right to vote on decisions or proposals. Everything is transparent and runs based on the rules everyone agreed upon.

WHO ARE THE BUILDERS DAO?

We aim to build bridges between artists and collectors in Web3. Our working model has been thoughtfully crafted to bring the two sides of the NFT art market closer, enabling collaborative advancement. The DAO curates art sales, the revenues from which are fully reinvested to support emerging artists by acquiring their art, organising virtual & IRL networking events, art exhibitions, gifting/merchandising, etc. 

Due to our belief in the uplifting power of community, we strive to remove the transactional nature of relationships between artists and collectors. Our community building efforts have resulted in the creation of one of the most vibrant, active and close-knit communities in the NFT art space. If you like what we do, join us. We are here for the infinite game!

WHY SHOULD YOU RUN AN ORGANIZATION AS A DAO?

Organizing an entity as a DAO offers several unique benefits and we are actively working on achieving all of those:

  • Decentralization and Autonomy: At its core, a DAO removes the need for a central authority. This means that power and decision-making can be distributed among members, reducing the risk of centralized control and potential abuse.
  • Transparency: All actions within a DAO, including financial transactions, voting, and any changes to the organization's rules, are recorded on the blockchain. This ensures transparency and allows members to verify any activity.
  • Security: DAOs operate on blockchain technology, which is known for its security features. This can make them resistant to tampering and fraud.
  • Reduced Bureaucracy: DAOs can automate many processes using smart contracts, which can minimize the need for intermediaries and cut down on bureaucracy.
  • Global and Inclusive: DAOs can include members from all over the world, breaking geographical boundaries. This can be especially valuable for projects or communities that aim to be global in nature.
  • Immutable Rules: The rules governing the DAO are coded into smart contracts. This means they can't be easily changed without consensus, providing stability and predictability.
  • Flexibility: Despite the immutability of certain rules, DAOs can be designed with mechanisms to propose and vote on changes, allowing the organization to adapt over time based on the community's desires.
  • Community Engagement: The collaborative nature of DAOs can foster a strong sense of community. Members can feel a greater sense of ownership and involvement since they can actively participate in decision-making.
  • Financial Innovation: DAOs can introduce novel financial mechanisms, like tokenomics, that align incentives, reward participation, or fund the organization's activities.
  • Resistance to Censorship: Given their decentralized nature, DAOs can be hard to shut down or censor by traditional means.