A new community governance program announces the upcoming formation of FAD DAO

Faraday
2 min readJul 29, 2022

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It is an honor to witness the fascination of DAO, and yes, as you can see now, more and more
DAOs are being set up, at a savage pace. I think this is perhaps a new beginning, and you have to be clear that this is not a kind of limited liability company or an employment relationship where there is a class, DAO is a heavy milestone in the crypto world and it really gives us a real sense that a new social relationship is being born, full of expectations.

Yes, we are also very happy to announce that Faraday is about to establish FAD-DAO, which is defined as a great community governance program that will be tied to our FAD self-governance cause at all times, executing all matters and all proposals, which will be more democratic and free to bring out the best of the community, all under the constraints of smart contracts, of course.
In the meantime, we have received many invitations from investment institutions, but most of them are profit-seeking. Rest assured that we have always been long-termists and do not entertain any short-term investment practices, which are uncontrollable, but at least we think are rejectable, and together we make Faraday strong fast and maintain a solid economic growth.
Of course, FAD DAO is more than that, you will gradually discover new applications, whether you understand DAO or not, or whether you can accept DAO, it is real, stay tuned, stay tuned!

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