# DAO

DAO

Historically, the concept of organization has been centered on strict ownership structures. Companies began to introduce open, flat organizational structures that allowed more people in the company to have their voices heard. Ultimately, however, making decisions for the entire organization is often the responsibility of one or a few people.

BULL adopts the operation mode of DAO, that is, Decentralized Autonomous Organization, which means Decentralized Autonomous Organization in Chinese. It is an organization completely controlled by the participants and not influenced by any centralized body. Use programs written in transparent code to make decisions. The financial transaction records and procedures of the DAO are kept on the blockchain.

Its advantages are:

1. Eliminate self-serving fraud. The funds of BULL are obtained and used in an open and transparent manner. The source and destination of each fund are very clear, and there is no underground transaction.
2. Reduce communication costs. There is no room for negotiation to implement a certain decision, only the root leak contract and the proposal obtained by setting votes are required to run.
3. Reduce management costs. BULL has no hierarchical structure, no CEO, no manager, and no management costs.
4. Equality. BULL has no hierarchy, all people are equal. No one has the decision-making power, everyone can propose solutions for the organization and all have the potential to be used
5. Unity. All participants have unique BULL tokens. The better the BULL runs, the more valuable the tokens will be. So all participants will have the same goal, which is to make BULL work better. At the same time, putting forward proposals and voting requires a certain amount of tokens. Therefore, voters will start from the perspective of BULL and sincerely seek benefits for BULL.

In view of the current situation of homogeneity, static and interactive operation in the current DeFi world, adhering to the concept of "breakthrough and innovation", we will explore the metaverse in an all-round way, and strive to provide effective solutions and new logic for the entire DeFi ecosystem. It means that BULL will be deeply positioned in the field of Yuanyumu. The existing blockchain public chain ecology has serious homogeneity of development paths. BULL has now established a metaverse development path with visualization, three-dimensional, interactive, and Yuanyumu as the main line, and gradually realizes digital Li Sheng, Digital native and virtual reality.

BULL is a global decentralized autonomous organization, mainly based on the world. All countries have established offline consensus communities, aiming to create a bundle and DAO voting governance based on the concept of WEB3.0 and smart contracts in a decentralized organizational model. The GameFi aggregation platform, which includes the Yuanyumu ecosystem of decentralized NFT transactions and cross-chain integration systems.


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