SUQA -- Decentralized Autonomous Philanthropist Organization

-


SUQA Foundation is a Decentralized Autonomous Philanthropist Organization that rewards everyone inside its ecosystem generously, securely and transparently without fees, to foster the growth of the Blockchain. This Foundation takes 10% founders fee from every mined block.
There will be 3 micro-sites of SUQA Foundation where the SUQA currency can be utilized. Details of these micro-sites will be released soon.

and now i'll be write about what is Decentralized Autonomous Philanthropist Organization 

A decentralized autonomous organization (DAO), sometimes labeled a decentralized autonomous corporation (DAC), is an organization that is run through rules encoded as computer programs called smart contracts. A DAO’s financial transaction record and program rules are maintained on a blockchain. There are several examples of this business model. The precise legal status of this type of business organization is unclear. 
Possibly DAO model could be used to build a number of businesses. Maybe it will happen widely when tech and law are more mature. But it’s easy to imagine an Uber-like company, where drivers fund the app and operations through a DAO.
Blockchain allows more modern approaches like liquid democracy. In the original democracy people usually do not have enough info on the candidates and policies. But with liquid approach you can transfer your votes to somebody you can trust, like an expert, and allow them to decide. While you can easily change and regroup you preferences between several experts or vote on your own. Also rewards are instant and transparent. So it makes a better driver for organizations.

"When it comes to the potential impact of blockchain technology on philanthropy and civil society, the focus so far has been on three areas: Reduction of transaction costs through disintermediation Automate the process through the use of smart contracts Increase transparency through asset tracking"

Suqa link : 
Website : https://suqa.org/
Telegram Channel : https://t.me/Suqafoundation


Comments

Post a Comment

Popular posts from this blog

Veil - Privacy Without Compromise

-
Image
“Privacy is critical for AN society within the electronic age. Privacy isn't secrecy. a non-public matter are some things one doesn’t wish the complete world to understand, however a secret matter are some things one doesn’t wish anybody to understand. Privacy is that the power to by selection reveal oneself to the planet.” The new technology is distinctive therein it makes the Zerocoin protocol, that VEIL relieson, additional competitive. The zerocoin protocol may be a quite baked in combiningservice which might be integrated into any cryptocurrency. this can be AN approach to making a privacy coin, a cryptocurrency which might offer true obscurity and untraceabletransactions. VEIL’s new technology dovetails with the goals of zerocoin- how to form privacy ANintegral a part of the blockchain and crypto technology backing up the token, that meansthat to confirm privacy a user doesn't have to be compelled to bear a 3rd party. With zerocoin, one doesn’t ought to use a se
Read more

Resto Token ICO: Blockchain Foodservice Loyalty Rewards Platform

-
Image
 Industri jasa makanan telah mengalami perubahan signifikan selama sepuluh tahun terakhir. Sejak dunia pulih dari krisis keuangan global tahun 2008, sektor jasa makanan telah mengalami pertumbuhan yang stabil, bahkan dengan perkiraan pasar AS yang matang untuk melihat peningkatan yang berkelanjutan lebih dari 5% setiap tahun. Pada 2017, penjualan restoran menyumbang 48% dari dolar yang dihabiskan untuk makanan. Perkembangan di sektor ini terutama didorong oleh perubahan sosial dan teknologi. Karena generasi milenium telah tumbuh, maka selera mereka telah tercermin dalam budaya restoran. Nafsu makan yang berkembang pesat untuk operator layanan makanan yang lebih kecil seperti truk makanan yang menjual lebih banyak masakan internasional mencerminkan pola pikir yang lebih global dari generasi sebelumnya.   Namun, sebanyak merek berusaha untuk memenuhi permintaan ini, meningkatnya prevalensi program loyalitas datang dengan masalah-masalahnya. Sekarang, RestoToken dapat memberikan solu
Read more

Miracle Tele - Bringing Magic To The Telecom Industry

-
Image
Miracletele is a magical place where users enjoy blockchain based mobile and data services all over the world and profit from the telco network growth. Based on blockchain technology, MiracleTele comes to revolutionize the  telecommunications market. Providing low-cost, high-quality service to  thousands of people. The company is developing rapidly and improving, it has a great future, I recommend everyone to invest in this company. At Miracle Tele, customers will be able to enjoy reduced rates and cutting-edge value added tools and receive token holder rewards thanks to blockchain technology and collaborative economy. The blockchain of MiracleTele will serve as the market of mobile data transmission and broadcasting time and connect hundreds of thousands of clients in about tens local mobile operators who provide cheaper and quality services. MiracleTele launches a range of decentralized value-added services and tools that will bring innovation, security and compe
Read more