Decentralizing Organizations via FREEDOM
Decentralized autonomous organizations (DAOs) were created to address the problems of the conventional organizations, including transparency, security, and integrity issues. However, the DAO-based tools and services that have been launched so far have significant inefficiencies such as complexity, cost, environmental impact, scalability, member engagement, etc. These inefficiencies have made the growth of DAOs slow.
To increase adoption, FREEDOM MetaDAO decided to move decentralized governance into the mainstream, giving everyone the opportunity and freedom to create positive and transformational change for themselves. The platform allows businesses, individuals, and organizations to practice fair and equitable governance while leveraging blockchain tools to prevent corruption and aid transparency. It is focused on the business needs and experiences of the users.
The FREEDOM platform is accessible to groups of diverse scope, interests, or sizes as it has reduced the financial and technological barriers to creating DAOs. It supports collaboration, organization, and strategic action in a trustless and permissionless manner. The platform utilises non-energy-intensive blockchains that charge low gas fees and have low environmental impact.
“Freedom is only possible by constantly struggling for it” (Einstein).
The mission of Freedom is to provide people with Freedom of Access, Freedom of Opinions, Freedom to manage, Freedom to be heard, and Freedom to be rewarded. It is aimed at creating a better future where Economies are Equitable, Leadership is Distributed, and Organisations are Democratized for academic associations, grass roots lobbies, or the government. Freedom is making ground-breaking technology easily accessible while equally empowering everyone.
Freedom Features and Benefits
The properties of the FREEDOM Platform include simplicity, broad applicability, flexibility, upgradability, and transparency. Parameters guiding FREEDOM DAOs can be amended by group voting or permissioned members of the group. After the parameters are set and the necessary gas fees are settled, the contract binding the DAO is deployed to the blockchain network and gets its own DAO address.
Users can interact with the DAOs through the FREEDOM smartphon app, and browser-based clients on computers, or tablets. The FREEDOM Platform features an index of every FREEDOM DAO, including the number of members, amount of FREEDOM Utility Tokens held, the issues and proposals contributed, completed actions, etc.
FREEDOM aims to enable ease of use and interoperability among DAO platforms. It can be used by people with no prior understanding of blockchain technology or DAOs.
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