# Project Background

In the past centuries, the industrial revolution brought machine mass production to drive the great increase in productivity of the human world, concentrating the means of production in the hands of a few capitalists, and the Internet revolution put information in the hands of a few Internet giants and continued to widen the gap between the rich and the poor. In this context Web3.0 was born, and DAO became an indispensable part of the Web3.0 ecology. Supported by blockchain, DAO is the next iteration of the continued decentralization of modern capitalist companies.


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