Benefits of a DAO
There are 4 main benefits to DAOs:
- There is no real boss and structure like traditional companies; contributors can feel more empowered to be creative and contribute to what they are passionate about.
![Working together to complete a puzzle.](https://firebasestorage.googleapis.com/v0/b/anza-acade.appspot.com/o/images%2FIntroduction%20to%20DAOs%2FIntroToDAO_Benefits_1.png?alt=media&token=efa7d8ab-a5c6-4dfa-a339-67420483dcb4)
- A lot of human resource systems can be cut down with the more autonomous structure of DAOs and distribution funds.
- DAO’s are designed to be more transparent and open than traditional companies. This is because the code for the structure of the DAO is open source.
- Anyone can contribute to a DAO and be paid for their work. No more need for work employment contracts, VISAs, and bank routing numbers. As someone contributes more to a DAO, they can receive more recognition and monetary compensation.
![Man running passionately towards a goal.](https://firebasestorage.googleapis.com/v0/b/anza-acade.appspot.com/o/images%2FIntroduction%20to%20DAOs%2FIntroToDAO_Benefits_2.png?alt=media&token=38652375-0d60-4850-900c-c21bd7d8d6ba)