Photo courtesy Hooman Motevalli
Opinions expressed byDigital Journalcontributors are their own.
DAOs everyone has heard of them, but what are they, and why are they poised to change how we work and create businesses? With the metaverse mixed with Web 3 allowing society to create a more immersive and interactive space, leaders cant ignore the rise of the 21st century. As it branches into arteries packed full of potential, we turned to expert Hooman Motevalli to find out why innovative creatives and thinkers should turn to the future of DAO to build business success and more.
If everyone knew all the brain mechanisms in great detail, imagine what our world would look like. We are so used to a world where we just go with the motions but never stop to think, appreciate, or recognize the power we have within us, shares business magnate Hooman Motevalli.
But if we observe, study, develop precisely and continue to be curious we can grow and become motivated to be and do greater things. Having curiosity is indeed powerful. It can help us develop and build relationships to create more innovative solutions.
To help further define this, the online creator economy is driving new ideas across industries, shifting definitions of work, and providing revolutionary and successful avenues to explode generating countless ideas to fly.
As more individuals take a stand, producing resolutions to our worlds most dire concerns, having a top-down because I said so approach to business seems to be slowly slipping away. With a background in the arts and sports world, Hooman Motevallis predictive view of the human mind witnessed first-hand how performers mindsets changed in a team or group effort.
There is a big gap between rare real top leaders and their followers, explains Motevalli. For one, confidence without clarity is a big problem, and to have clarity of perception is very important in todays ever-changing world, one renowned for a host of concerns.
Our current world is so far from the ideal, as its the product of bad decisions made by some of our worlds decision makers who should not be in those positions, he continues. Even most managers, directors, and people dont perceive they just try their best to follow the instructions.
Instead, he foresaw a surge whereby curious entrepreneurs would become more independent bosses, working together on an equal plain. Fast forward to today, the current Director at HSP Holdings, Hooman Motevalli, who has spent a near decade in the investment management industry, aims to help others unleash their full potential by giving peoples great ideas a chance to succeed.
As a successful entrepreneur, author, and trainer, his curiosity about the world has allowed him to extend his innovative insights further into the metaverse. One of its arteries stems into Decentralized Autonomous Organizations (DAO) a new iteration defined by permissionless, collective governance and decentralized finance that will allow people to be connected anytime and anywhere.
To find out more, we sat down with expert Hooman Motevalli to unearth four reasons why leaders or innovators should consider DAO an opportunity worth pursuing.
When first glancing at a DAOs infrastructure, things can look quite different compared to the traditional 9-5 office space. One of the main attractions is that its architecture forms one unified decentralized unit.
Held by participating members, with decisions being tallied upon and rules enforced through a particular type of contract, everything could be collectively owned.
There is no central authority when it comes to making decisions. The improvements on the platform are decided through a system where every individual holds equal rights to propose changes to the system. Whether critical or a regular decision, the final call could be based on every members opinion.
As decisions get made from the bottom up through voting processes on blockchain networks, all transactions, findings, and other activities on the platform are recorded. The community can easily access them.
This system allows people to put forward their innovative ideas and thinking worldwide. In other words, compared to traditional organizations, DAOs offer greater transparency.
For example, suppose it was set up as a fundraiser due to the DAOs documentation settling on a public blockchain. In that case, members can understand what happened with each transaction and ensure that the funds are used for the purpose they were raised.
DAO uses algorithms based on intelligent contracts (agreements) that initiate when certain conditions are met. These establish the rules of the organization.
Once created and set in place, the smart contract guarantees that all DAO activities abide by pre-coded rules. The smart contract can only be changed via a vote by all involved members. This eliminates human error from the equation and prevents the manipulation of funds two problems centralized organizations often face.
With a common goal to act in the entitys best interest, people within the community can operate transactions without needing any kind of third party or law practitioner.
This gives participants or stakeholders in the specific DAO a sense of ownership. As a result, they can encourage other members to be innovative and set new examples for financial rewards in return for participating in the first place.
The advantage of this, again, stems down to collaboration. Every member of a DAO can submit their proposals for improvement and changes in the set agreement.
To conclude, DAOs dont restrict decision-making privileges and instead invite all members of equal parties to join together and unite over a shared common interest, passion, or project.
Overall, the metaverses rise is becoming increasingly popular as lighthouse customers are already experiencing its real-life pros. The definition may remain easy and fluid on the tongue, but its impact is already profound as millions enter the curious Web 3 world.
Thanks to HSP Holdings, an investment company aimed at developing and launching either start-ups or innovative projects that promise to deliver positive change, their high-level blockchain and AI software, DAO platforms, and more innovators looking for a way in now have a chance to succeed.
I believe that the edge of tech and the ones with very bright futures, like Blockchain and DAO, could help to fill out this gap and help to overcome many current issues at the quickest possible time, Motevalli shares.
Our DAO was funded notably several months ago. Recently, I have been working on a DAO-based Metaverse, in which most of its lands are real, and this attribute differentiates it from most others out there. It will be a major competitor among the top three on the market.
After two decades of activity in the high-tech area, delivering tens of promising projects, his focus on Blockchain tech since 2017 has produced life-changing results. From providing and investing in high-level Metaverse platforms, NFT marketplaces, and more, the future for creatives curious potential has never looked so bright.
For more information, head to the new HSP Holdings website here. Or connect with Hooman Motevalli here.
Here is the original post:
4 reasons why DAO development should be on your business to-do ... - Digital Journal
- Cosmos (ATOM), Chainlink (LINK), and RenQ Finance (RENQ) are ... - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Grupo Pro Arte y Cultura Announces Winners of the 2022 Mayte ... - GlobeNewswire [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Solana vs Ethereum: How to Choose One With Better Features and ... - Cryptopolitan [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Can Circle [USDC] turn things around with new plan? All you need to know - AMBCrypto News [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Polygon Wallet Suite allows users to safely bridge, swap, and ... - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Global X rolls out three new crypto ETPs - ETF Strategy [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- The Arbitrum Foundation Announces Launch of Arbitrum Orbit: Layer 3 Chains for All - Yahoo Finance [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Travolution Summit 2023: 'Blockchain will... - Travolution [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Aave: The Basics Global X ETFs - Global X [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Revolutionizing the Travel and Hospitality Industry with Blockchain ... - Hospitality Net [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- The arbitrability of Web3 disputes: An effective court of First World ... - Lexology [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- What Is Stacks? Smart Contracts on Bitcoin[Outlook &Upate] - DataDrivenInvestor [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Smart Contracts in Healthcare Market Projected to Hit USD 5.6 ... - GlobeNewswire [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Are Smart Contracts Integral to Blockchain or Just Useful Tools ... - Cryptopolitan [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- EU Parliament approves the Data Act, which requires - Kitco NEWS [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- Discover Tanglechains.org: Your go-to source for EVM and Smart Contract Chains on Shimmer and IOTA - Crypto News Flash [Last Updated On: March 16th, 2023] [Originally Added On: March 16th, 2023]
- How Can Blockchain 4.0 Technology Revolutionize Interactions with ... - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Australia's largest bank breaks blockchain barrier with Ethereum ... - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- How Will Bitcoin DeFi Gain Importance in 2023? Cryptopolitan - Cryptopolitan [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Helio Protocol: The revolutionary USD Destablecoin backed by BNB - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Project claiming to be AI-powered drains $1M from users - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- HashKey Group taps SlowMist for blockchain security and AML/CFT ... - FinanceFeeds [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Revolutionary DeFi Protocol IPOR to be listed on Bitget on Mar 22nd ... - Yahoo Finance [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Boba Network Announces Integration with NOWPayments - Cryptonews [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Blockchain Could Soar Beyond 100,000 Transactions per Second With the Right Math - The Daily Hodl [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Here's why blockchain is the future of the telecoms industry - Crypto Reporter [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- 5 Must-Have Blockchain Developer Skills - Blockchain Council [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- EU Data Act requires smart contracts to have kill switch, not be ... - Ledger Insights [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Euro Parliament approves Data Act that requires kill switches on smart contracts - Cointelegraph [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Europe introduces smart contract kill switch what it means for DeFi systems - AMBCrypto News [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Smart Contracts in Peril? EU's Data Act Vote Stirs Controversy in the Web3 World - CryptoGlobe [Last Updated On: March 20th, 2023] [Originally Added On: March 20th, 2023]
- Inery Blockchain to Implement AI, Mainnet Rescheduled for Q2 2023 - EIN News [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- The Emergence of Web3 and Its Impact on TradFi - LCX [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Stacks 2.1 deployed: Is BTC the catalyst STX needed all along - AMBCrypto News [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Blockchain-Based Debt Protocol Obligate Records First Bond Issuance on Polygon Network - Yahoo Finance [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- What Is a Hybrid Blockchain, and How Does It Differ from a Regular ... - MUO - MakeUseOf [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- Solana-based DEX Orca bans US users from trading in its platform - CoinGeek [Last Updated On: March 22nd, 2023] [Originally Added On: March 22nd, 2023]
- The Role of Self-Regulation in the Cryptocurrency Industry: Where do we go from here? - Finance Magnates [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Cardano (ADA) is ready for a massive pump, Polygon (MATIC), and ... - NewsBTC [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Best Web3 open-source tools 2023 - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How New Technology Will Disrupt The Oil And Gas Industry - Markets Insider [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How Can Ethereum Account Abstraction Improve the Network's ... - Cryptopolitan [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Stellar (XLM) Price Prediction 2025-30: Will XLM shake off its bearish ways? - AMBCrypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- TRON: Stake 2.0 launch announced to significantly improve the ... - Crypto News Flash [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Smart Contracts in Healthcare Market Size and Growth Most Recent Manufacturers Insight View with Top Countries - openPR [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Future of Finance: EYs Brody on why tech history shows there can be only one winning blockchain - Fortune [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Top 10 Blockchain Platforms to Consider in 2023 - Analytics Insight [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Safemoon LP Drained of $9M in Smart Contract Attack - BanklessTimes [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Chainlink (LINK) Price Prediction 2025-2030: Can LINK reach $10 in 2025? - AMBCrypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- The Flare Time Series Oracle (FTSO) Ready to Serve Smart ... - Blockchain Reporter [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How IOTA Smart Contracts Could Skyrocket the Value of MIOTA? - CryptoTicker.io - Bitcoin Price, Ethereum Price & Crypto News [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Smart Contracts Deployed on Ethereum Have Plummeted 66 ... - BanklessTimes [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- How ChatGPT is Revolutionizing Smart Contract and Blockchain - Techopedia [Last Updated On: April 2nd, 2023] [Originally Added On: April 2nd, 2023]
- Oriental Overseas Insurance Company: Committed to Building a ... - Digital Journal [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Trouble for the new crypto of Arbitrum - The Cryptonomist [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Tokentus investment AG invests USD 300,000 in Hydra Ventures, one of the first Investment DAO Fund-of-Funds in the Web3 Space - Marketscreener.com [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Introducing DogeFarm: The Pioneering Decentralized Real Yield ... - GlobeNewswire [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- California Governor Gavin Newsom Is Giving the Crypto Industry ... - Jacobin magazine [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- If History Repeats, Cardano (ADA) Price Will Reach ATH Very Soon ... - Coinpedia Fintech News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Crypto 4 A Cause Set to Deploy its Blockchain Within the Year After Successful Sandbox Georli Testnet Trial - EIN News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- dcSpark CTO: 'Cardano Will Be a Top EVM Chain Next Month' - CryptoGlobe [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Utah DAOs and Donts: New Law Provides Limited Liability for ... - JD Supra [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Steps to A Blockchain Industry Consulting Career: Maximizing ... - Cryptopolitan [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Justice Dept. Seizes Over $112M in Funds Linked to Cryptocurrency ... - Department of Justice [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Stacks [STX] gains newfound attention from investors, but will its uptrend last - AMBCrypto News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Cryptocurrencies To Watch: Week of April 3 - Investopedia [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- The Role of Enterprise Ethereum: Applications, Benefits, and Challenges - Finance Magnates [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Astar Network To Launch Smart Contracts 2.0 on the Mainnet on April 6th - The Defiant - DeFi News [Last Updated On: April 4th, 2023] [Originally Added On: April 4th, 2023]
- Is 2023 The Year For Shiba Inu (SHIB) And RenQ Finance (RENQ)? - Benzinga [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Coinbases Base network gets OpenZeppelin security integration - Cointelegraph [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- What is the Best Cardano DEX, and Why is it WingRiders? - DataDrivenInvestor [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Attention Crypto Scammers: AI is on the Hunt - BeInCrypto [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- VeChain explores Billion-$-KI industry with OpenAI - Crypto News Flash [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Automotive Blockchain Market is expected to represent Significant ... - Digital Journal [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Uncomfortable with the security of web3 transactions? Fire might be ... - Refresh Miami [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Blockchain As A Service Market is expected to Exhibit a Massive ... - Digital Journal [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Pi Network Reveals Tech and Product Updates for Pioneers - BSC NEWS [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Unleashing the Potential: Tools and Apps on the Ethereum Blockchain - Captain Altcoin [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- XRP Ledger Makes Progress Towards Supporting Native Smart ... - The Crypto Basic [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]
- Cardano (ADA) launches the future of smart contracts with Aiken in ... - Crypto News Flash [Last Updated On: April 24th, 2023] [Originally Added On: April 24th, 2023]