https://youtu.be/x-JYMqPEKTk

Democracy is a centralized decision-making process that abides by the majority rule.But decentralization is focuses on individuality, allowing each person’s value and thoughts to shine through.

There are three common decision-making approaches for brand image development on blockchain:

The team decides everything on its own, which is relatively dictatorial. The team discusses everything thoroughly with the community, and ultimately makes a decision by voting , which is relatively democratic. The right to use the brand image is handed over to all holders, which is the way of decentralization.

We also need to consider the reality. It is not easy to implement complete decentralization. Therefore, striking a balance between democracy and decentralization is an art.

In the next episode, we will then share with you what we think the solution is!

#KarmaKsana

#blockchain #development #community #decentralization

#democracy #crypto #DAO