The first principles of forming a DAO organization were created by Stan Larimer in his work, “Bitcoin and the Three Laws of Robotics”. Following that, in 2015, The BitShares project was created in accordance with those principles. Back in 2016, Ethereum founder Vitalik Buterin also professed the importance of DAO. Nevertheless, until today, no single DAO is fully decentralized and independent, because most tokens are in the hands of their founders, which means they’re the ones making key decisions. “The TG Ecosystem project has attempted to build a true DAO. We’ve already launched the TG DAO 3.0 Launchpad and this year, we’re launching a social network, marketplace, secure cryptocurrency wallet, an in-house financial system, and more,” said TG Ecosystem CEO Eugene Melnyk. How does this organization differ from others of its kind? Does the infrastructure of the TG DAO 3.0 Launchpad really support complete decentralization? Read on to find out. A gradual transition from centralization to decentralization. “In 2021, a team was formed that went on to successfully complete the first phase of project development. 1.8 million BUSD were raised and over 150,000 participants were gathered. Now, the TG DAO 3.0 Launchpad is continuing onwards to its next stage of development: forming a team that will finalize the project’s transition to DAO status,” the company affirmed. The proj...
