WaykiChain Expands Blockchain Governance Boundaries: Building Decentralized Autonomous Organization and Community Management Committee

WaykiChain WICC
2 min readApr 21, 2023

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WaykiChain, a reputable public chain project, has announced plans to develop its own Decentralized Autonomous Organization (WaykiDAO) and a community management council in the fast-evolving blockchain area. This action is intended to develop a new governance model and encourage community members to actively engage in decision-making. This project intends to take a critical step forward in decentralized governance by leveraging WaykiChain’s technology accumulation and community base.

WaykiChain has always been at the forefront of innovation in the blockchain sector, and launching a DAO is a natural continuation of its study into new governance structures. WaykiChain wants to provide community members with direct decision-making power over the project’s development and direction by establishing WaykiDAO, fostering a more democratic and transparent decision-making process.

The community management committee will play a crucial role in promoting this new governance model. The committee consists of representatives from different areas of the WaykiChain ecosystem, ensuring that various perspectives and interests are fully considered in the decision-making process. This inclusive approach will not only enhance the sense of belonging among community members but also contribute to the project’s long-term success and sustainable development.

In addition to promoting a more decentralized governance model, WaykiChain’s DAO will also benefit from the project’s technological advantages. WaykiChain’s secure and efficient blockchain infrastructure, along with its expertise in smart contracts, will provide a solid foundation for the DAO’s operation, ensuring the smooth execution of proposals and decisions.

The establishment of WaykiDAO and the community management committee is expected to attract more participants to join the WaykiChain ecosystem, further promoting the project’s growth and development. By empowering community members to actively participate in shaping the project’s future, WaykiChain aims to create a truly decentralized, transparent, and collaborative platform that drives innovation and creates value for all stakeholders.

WaykiChain has proved its dedication to pushing the boundaries of blockchain technology and governance paradigms by launching its DAO. Through community empowerment and continuing development, this new governance structure will assist WaykiChain in maintaining its leadership position in the blockchain industry.

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