A new corporate system (DAO)
When two or more people agree and decide to create a business, the most common is that they turn to a lawyer or accountant so that they can advise them on what type of company is the most appropriate for their business or undertaking.
Generally, in typical corporate structures we can see that there is an organizational structure in which there is a hierarchy and it generally works as follows:
COMPANY —- CEO —- BOARD —- SHAREHOLDERS (shares) —– DECISION MAKING.
Within the traditional corporate scheme, the board of directors is the one who makes the decisions and subsequently the shareholders will accept or deny them.
Within the new DAO scheme or known as decentralized autonomous organizations, the scheme is completely different:
SHAREHOLDERS (tokens) —— CODES — SMART CONTRACTS —- DECISION MAKING.
DAOs provide a new model of democratic corporate governance that is different from the traditional corporate scheme, in which relationships are managed through coding codes and decision-making is by shareholders who will have tokens. On the other hand, relationships within the organization will be carried out through the use of smart contracts.
A new market for virtual assets (Crypto – Market)
The crypto market was born as a new space for the exchange and purchase of different types of virtual assets such as tokens, stable coins and value coins.
Within it, different economic agents interact such as:
- Sellers and buyers
- The exchange or exchange
- Encoders
- Miners
- Developers
The crypto market space is a virtual physical space, where transactions between buyers and sellers take place within exchanges or exchanges.
There will be different types of exchanges, from centralized exchanges to decentralized exchanges.
This new market has grown exponentially, offering new forms of investment and high returns.
In Argentina it has generated great interest because the high yields it has yielded have beaten the high levels of inflation in our country.
A new model of production and emission (DeFi)
We began to go through a new financial and productive model in which the pillars that govern it are self-regulation and decentralization, in this sense, decentralized finances will seek to generate a new productive chain:
USERS —— GOODS AND SERVICES (DAPPS) ——- USERS
Where services are provided directly between users through the interaction of different traditional platforms such as the well-known DAPPS.
DeFi Decentralized Finance.jpg
Kindness: Sigma
Changing the traditional chain of consumption which is usually represented as:
COMPANIES ——– GOODS AND SERVICES ——– USERS
Likewise, the new decentralized finance issuance model generates an issuance model controlled by a deterministic algorithm, with a deflationary approach, in which the State ceases to have the power to issue currency, and the traditional classical inflationary systems begin to be replaced.
CONCLUSION
After having briefly analyzed the new changes that the cryptoeconomy has brought with it, we can understand that the different changes that are growing at the micro level will end up affecting the economy at the macro level.
From the traditional bases of consumption to the new forms of monetary issuance, it is important to understand that the new model of cryptoeconomics will change the way in which we live, interact, and relate to each other.
The pandemic accelerated this process exponentially, little by little we will be able to see how this new model has arrived to replace and modify the current one.
Source From: Ambito
