What is Swarms.Finance?
A Kadena DAO Factory
Last updated
A Kadena DAO Factory
Last updated
Swarms.Finance is a tool for creating Decentralized Autonomous Organizations (DAOs) on the Kadena Blockchain.
In a matter of minutes you can use Swarms.Finance to create a DAO (aka Swarm) on the Kadena Blockchain and begin managing assets and making decisions together with others across Kadena's unique multichain architecture.
Here are a couple of examples of a group of people using Swarms.Finance:
A team of personnel are tasked with managing funds to achieve a goal- They create a DAO on Swarms.Finance and vote over how to spend the funds to get to their goal.
A group of investors want to safely and transparently invest their funds together- They create a DAO on Swarms.Finance and vote over how their funds are invested and distributed.
Creating autonomous organizations is what Swarms.Finance is all about.
Swarms.Finance provides a complete toolkit for building and managing assets as a joint entity, whenever and wherever such a thing is needed, and you can do it all on multiple Kadena chains at once.
Swarms.Finance is a convenient tool for establishing trust between groups of people on Kadena- Allowing groups of people to work together in ways they couldn't before via DAO's called "Swarms".
Swarms let people autotomize trust between each other to the point where they can create a trustless environment to work together within.
With Swarms.Finance any group of people can easily create a trusted foundation for an organization to exist upon called a Swarm - All Swarms adhere to a strict set of rules encoded on the Kadena Blockchain that define exactly what the Swarm can and cannot do.
Swarms.Finance let's you easily design organizations where members trust each other because it's impossible for them not to.
Swarms allow people to agree to a set of rules and establish an organization out of those rules, and know absolutely that those rules are never broken and being followed by everyone within the organization
With a Swarm all transactions are proposed and voted over by members of the Swarm and if enough Swarm members agree or disagree, the action takes place or doesn't take place- It's that simple.
In short, Swarms.Finance is a tool used for designing customizable organizations, building trust, and managing assets as a join entity in whatever ways you can imagine.
Create a Swarm whenever you want to eliminate trust issues between people by automating trust.
Investors
Businesses
Startups
Families
Projects
Asset Managers
Foundations
Charity
Guilds
Fundraisers
Treasurers
Friends
Organizations
Manage a team/project treasury
Manage a grant
Joint invest & trade with family/friends/anyone
Designate charity
Distribute funds between a group of people
Manage royalties from NFT sales
Create a DAO with Swarms.Finance whenever you want to create an organization that autonomously adheres to a built in set of rules.
