Review on Yakuza DAO by francis fernandez
YAKUZA DAO: a DFO that grants its holders control over their assets on the Ethereum blockchain
YAKUZA DAO It is a project based on the Ethereum blockchain, recently created (09-03-2020) with a maximum emission limit of 10,000 YKZ.
The purpose of this platform is to develop decentralized organizations, using their own assets and programmable voting tokens to incentivize the generation of multiple services; guaranteeing flexibility and autonomy when using voting cards to control them. Hence its main characteristic is to be a DFO (Decentralized Flexible Organization).
YAKUZA DAO owns the YKZ token that serves as a decentralized token whose purpose is to return control of finances to the community, to counter the dishonest actors of the DEFI.
What is the DFO system?
With this mechanism, YAKUZA DAO aims to increase the treasury value with the support of a mining process based on liquidity and the adoption of monetary policies that contribute to the acquisition of high-yield assets.
Based on this, the founders of YAKUZA DAO have issued all of the YKZ tokens of the initial supply so that they are under the full control of their holders (10,000 tokens).
The price of the token is decided by its holders and it is possible to know it through platforms such as CoinGecko and CoinMarketCap.
Pros
- It is a useful digital tool for the creation of decentralized organizations.
- Allows token holders to exercise control over their assets.
- Token-holding users decide on the price of the YKZ token.
Cons
- The total supply of tokens is in the hands of their founders, there are no more coins in circulation yet.
