π‘A SmartPay Ecosystem Led by a DAO of Small Business Owners
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Last updated
Last updated
SmartPay DAO operates with a structure that maximizes the participation and benefits of small business owners. Through the SmartPay integrated point system, small business owners can efficiently manage marketing, point accumulation, and customer relations. Additionally, they can autonomously propose and decide on policies via the DAO.
SmartPay DAO grants voting rights and the ability to propose ideas, empowering small business owners to directly suggest policies essential for business operations. From planning promotions and adjusting point accumulation rates to determining usage policies and allocating marketing funds, business owners can participate in critical decisions. They are also rewarded for their contributions to maintaining and leading the ecosystem. These decisions are automatically executed through smart contracts, solidifying the role of franchise owners as key drivers of the SmartPay ecosystem.
Small Business Owners' Voting Group A separate voting group is formed to prioritize the opinions of small business owners when voting on policies related to them.
Incentives for Participation Small business owners can propose improvements or voice concerns about policies within the SmartPay ecosystem through the DAO. As they participate more actively in the decision-making process, such as proposing policy improvements, they are incentivized with increased voting power and influence within the DAO, encouraging their ongoing engagement in the ecosystem.
The project team leads the overall strategy and system improvements for the ecosystem, enhancing its efficiency. Small business owners, as key participants in the DAO, discuss and influence policy improvements and operational directions. Investors are also integral to the ecosystem, ensuring the protection of their investments and transparent operations, with guaranteed participation rights.
SmartPay DAO ensures fair profit distribution in proportion to the contributions of small business owners to the ecosystemβs policies. Profits are distributed automatically and accurately through smart contracts, providing a stable foundation for small business owners to operate within the SmartPay ecosystem.
