Azure DAO (decentralized autonomous organization) is a part of the Azure universe. On Azure DAO, individuals who consent to abide by specific rules in order to achieve a common objective. Algorithms known as “smart contracts” are integrated into an organization’s code to activate in response to predetermined situations.
As long as everyone is on the same page, it can serve any kind of function. It is “decentralized” since there isn’t just one governing body for this reason.
Community Principles for Azure DAO
Ownership and governance are the basis of the Azure DAO. Its members work together to achieve common goals and share accountability for Azure’s success. Thus, the Azure DAO should be governed by the following principles:
• Azure DAO should be long-term and sustainable.
• Anyone who holds $AZR can take part in the Azure DAO.
• People and groups who innovate, compete, and advance Azure’s growth ought to be given more authority and support.
