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Belon DAO: What is DAO?
A decentralized autonomous organization, once in a while called a decentralized autonomous corporation, is an organization addressed by rules encoded as a PC program that is straightforward, constrained by the organization's individuals, and not impacted by a focal government.
Instances of functional DAOs include DASH, a digital currency oversaw by its clients, MakerDAO, a product that keeps a stablecoin, and Augur, a prediction market platform. Other use cases include motivating clients to use online media platforms, like Steemit, or shared virtual universes, like Decentraland.
BELON will be the first DAO-managed exchange on the Binance Smart Chain. BELON's administration protocol will be decentralized, in that there is no focal dynamic power, and all significant choices in regards to the future advancement of the exchange are set by a holder vote.
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