🧠Hive Capital DAO

Hive Capital DAO Official Whitepaper

Overview

Hive Capital DAO is a self governing entity that invests into both on-chain and off-chain assets. The decisions of what investments to make are done through a fair voting system of the DAO. To be a member/General Partner of Hive Capital you must own a Hive Capital Black Card NFT.

Hive Capital aims to combine the power of Defi and blockchain governance with the traditional financial system. This is made possible by paring code with law, where the DAO's business entity is tightly coupled with its smart contracts deployed on the Cardano blockchain. The business entity will is a Wyoming DAO limited liability company that is managed by the code in the smart contracts.

What is a DAO?

A DAO stands for a Decentralized Autonomous Organization, where the rules are represented in a transparent computer program controlled by the organization members. A DAO's financial transaction record and program are maintained on the blockchain which is secure and public. This allows for a system of distributed decision making where members decide on investments and asset management.

No action can be taken by the company without a vote passing.

Why Hive Capital?

At its core Hive Capital is an investment firm that uses blockchain to organize and run the company autonomously through on chain governance. Most investment DAOs at the moment are focused on purchasing digital and crypto native assets. Hive Capital attempts to push the envelope further by developing an autonomous system to purchase real shares of public companies. The goal is to become one of the biggest financial management companies in the world.

Purchasing shares of public companies will just be the beginning, the DAO can choose to enter the other markets such as real estate.