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BINDAO is the most advanced sports crypto beting platform and highest stakes across multiple bookmakers and exchanges.
Well, as the name suggests, it is an autonomous organization with no singular controlling authority. The founders set the rules while establishing the organization and all members, including the founders themselves, must abide by the rules.
Futurists, tech enthusiasts, and Blockchain fanatics consider DAO to be the future of employment contracts, home leases, business deals, and every legal contract. Arguably, it is the future of your career. How would you like to work at a highly productive organization which has no boss, supervisor, or even a CEO! Well, that’s DAO for you.
So how does it work? Who authorizes and makes decisions? Computers and you! Yes, you have the power to make a decision. Since it is a decentralized organization, the employees collectively vote on decisions and drive the organization.
You agree to abide by the rules, values, culture, and company code that the founders set, when you sign your employee agreement. Of course, since we are talking about a futuristic organization, your employee agreement will not be on a piece of paper or a PDF. A smart contract will control it.