Understanding DAOs and Realms: A Guide for YOU!
BreadCTO has formed a DAO. Discover the world of Decentralized Autonomous Organizations (DAOs) and how Realms makes them accessible on the Solana blockchain.
Lean About Bread DAO
Go To Bread DAO
What is a DAO?
Definition
A Decentralized Autonomous Organization is like a digital club where members make decisions together without a central leader.
Analogy
Imagine a group of friends sharing a piggy bank and deciding together how to spend the money.
How Do DAOs Work?
Decentralized
No single person is in charge; everyone has a say.
Autonomous
Rules are set in computer code (smart contracts) and run automatically.
Organization
Members collaborate on projects, investments, or shared goals.
Introducing Realms
Platform on Solana
Realms is a platform on the Solana blockchain that helps communities create and manage their DAOs easily.
Tools Provided
It provides tools for voting, managing funds, and making group decisions.
What Can You Do with Realms?
User-Friendly Interface
Connect your wallet and submit/vote on proposals
Customizable Framework
Bread DAO is tailored to fit our community's needs, whether it's for NFTs, tokens, or multi-signature wallets.
Quorum and Thresholds
While we introduce Bread DAO we will keep voting thresholds to 1% to raise familiarity with our DAO
Proposal and Voting Validation
Ensure only eligible members can propose ideas or vote. 1st phase will require 100,000 BreadCTO to submit.
DAO Activity Notifications
Stay updated with alerts about new proposals.
Custom Branding
We will personalize our DAO's appearance with unique colors and domain names.
Bread DAO is Our DAO
1
Step 1
Go to
Bread DAO on Realms
2
Step 2
Connect your Solana wallet.
3
Step 3
View and vote on proposals or make a new proposal.
4
Step 4
Invite all BreadCTO holders to join and participate.
Handling Shared Funds
1
Treasury
The treasury is like the DAO's piggy bank, holding all the shared assets.
2
Proposals
Members can propose how to use these funds.
3
Voting
The group votes to approve or decline proposals.
4
Management
Realms makes it easy to see and manage these assets transparently.
Who Are Council Members?
Trusted Individuals
Council members are trusted individuals with special roles, like making quick decisions or handling sensitive tasks.
Expertise and Representation
They are chosen for their expertise and represent the community's interests.
Why Choose Realms?
1
2
3
4
1
Security
Built on Solana for fast and secure transactions.
2
Transparency
All decisions and fund movements are open for members to see.
3
Efficiency
Automated processes save time and reduce errors.
4
Community Empowerment
Every member has a voice, promoting fairness and collaboration.
DAOs in Action
Community Project Funding
A truly community driven project. For example we would fund and manage a local bakery project.
Artist Collaboration
Artists collaborating on a digital gallery, curating and selling their work as a DAO.
Join the DAO Movement
1
Explore Realms
Visit the Realms platform to learn more about its features and capabilities.
2
Find Your Community
Join Bread DAO and add your voice and ideas to our Bakery.
3
Learn More
Bread DAO specifics
are here
and Realms documentation is located
here
.
The Power of Decentralization
Traditional Organizations
Hierarchical structure with centralized decision-making.
DAOs
Flat structure with distributed decision-making power among all members. This means YOU are calling the shots!
The Role of Smart Contracts in DAOs
1
2
3
4
1
Define Rules
Set the governance structure and operational guidelines.
2
Automate Processes
Execute decisions without manual intervention.
3
Ensure Transparency
Record all transactions and decisions on the blockchain.
4
Facilitate Trust
Create a trustless environment for collaboration.
The Future of DAOs
Global Collaboration
DAOs enabling worldwide teamwork on shared goals.
New Business Models
Revolutionizing traditional organizational structures.
Improved Governance
More transparent and participatory decision-making processes.
Get Involved Today!
Start Small
Join Bread DAO to learn the ropes and understand the dynamics.
Contribute Your Skills
Offer your unique talents to help a DAO achieve its goals.
Stay Informed
Keep up with the latest developments in the DAO space through forums and social media.