FAQs

How does FavorDAO achieve decentralization?

FavorDAO is an innovative platform composed of decentralized services, decentralized communication, and decentralized applications. Its goal is to decompose traditional WEB2 services such as Twitter, YouTube, etc. into community-based microservices, and supported by distributed miners. This has the following advantages: first, it reduces the performance requirements of miners, second, it reduces the amount of data that miners need to synchronize, and third, it enhances the backup ability between miners.

FavorDAO also established a P2P communication network with functions such as unicast and multicast, which can realize the orderly transmission of different types of messages and data on the network, and because of the multi-point complementarity and node auto-discovery characteristics of the P2P network, the network is difficult to be blocked.

Finally, FavorDAO provides a decentralized application client, which can connect to multiple nodes in the P2P network at the same time, thus preventing third parties from interfering with the application access to the community autonomous server by blocking a single access point. FavorDAO is composed of decentralized services, decentralized communication, and decentralized applications.

Is DAO not subject to any legal restrictions?

FavorDAO provides community operators with a system for free content display and community communication, and due to its decentralized features, it cannot stop the Community Server (CAS) and prevent user access to CAS. However, the DAO Builder in FavorDAO is subject to the laws of the jurisdiction of the creator.

Can users pay with fiat currency?

Currently not supported, future collaborations with third-party payment providers are planned.

Does the DAO sale support physical goods?

Physical goods can currently be transacted outside the DAO community, managed outside the community, and in the future can be integrated into FavorDAO for unified management through e-commerce plugins.