We are pleased to announce that Cratos DAO goes live now!
You can check out and participate in the first proposal here.
With Cratos token holders, Cratos will gradually become a fully decentralized organization. In other words, it is a community-owned/managed decentralized organization.
We believe that there has been enough time to have sufficient holders from Cratos app users, token holders, etc and start operating DAO.
Simply, DAO is a decentralized autonomous organization where a token holder can post any proposal regarding Cratos project and other holders can participate in a vote. The vote right is proportional to the amount of the Cratos token that an individual holds at the time of snapshot.
At the initial stage of DAO, the Cratos team will be active to post a proposal to guide you on how it can be operated. And the team will strive to work on developing the project in the prospect of technology, ecosystem and business.
DAO will enable us to have our community members to become a part of the management team in a decentralized way.
In the future, we will be implementing the auto-executable proposal so that at the end of the proposal, the proposal would be executed when it is approved by the community.
Cratos DAO https://snapshot.org/#/cratos.eth
Cratos Global https://cratosglobal.page.link/medium