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#WICC DEVELOPER NEWS DESK — 2023-08-24

WaykiChain’s WaykiDao: Exploring New Directions in Organization in the Web3 Era


News from the WICC Coin Development team on August 24, 2023

Web3 marks the advent of a new era in Internet governance, with decentralization and community-driven principles as its inherent attributes. With the arrival of the Web3 era, decentralization is no longer an abstract concept but a novel form of organization and governance. Against this backdrop, WaykiChain has launched the decentralized autonomous community WaykiDao, showcasing an innovative direction for development and thoughtful consideration of the future.

As a blockchain public chain project rich in technical depth, WaykiChain consistently stands at the forefront of technology and philosophy. The launch of WaykiDao is a positive response to WaykiChain’s understanding of the Web3 era’s principles. WaykiDao is not only a practice in decentralized governance but also a brand-new community governance model.

The characteristics and value of WaykiDao are manifested in several aspects. Firstly, it encourages community members to actively participate in decision-making, ensuring the democracy and transparency of the project’s direction, allowing everyone the opportunity to become a decision-maker and jointly shape WaykiChain’s future. Secondly, through blockchain technology, WaykiDao ensures the traceability and verifiability of the decision-making process, enhancing trust among community members and increasing the overall transparency of the project. Additionally, WaykiDao provides a platform for community members to freely innovate and collaborate, stimulating more creativity and vitality. Its decentralized governance also ensures the project’s flexibility and sustainability, aligning with the Web3 era’s principles of decentralization and autonomy.

Through WaykiDao, WaykiChain demonstrates a more open, democratic, and innovative side, helping to attract more partners and users and enhance the project’s competitiveness. As a practical application case, WaykiDao helps people better understand and accept the blockchain and decentralized governance concepts of the Web3 era, fully in line with the core values of the Web3 era.

In summary, WaykiChain, by launching the decentralized autonomous community WaykiDao, showcases a new governance model and future vision in the context of the Web3 era. WaykiDao not only embodies the core values of the Web3 era but also positively impacts WaykiChain’s project and the entire blockchain industry. Against the broad background of the Web3 era, WaykiChain and WaykiDao together paint a beautiful picture of the future, demonstrating the limitless possibilities of blockchain technology in the new age.



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