Decentralised Autonomous Organizations (DAOs)

The permission structure for DAOs encompasses:

• Owners: This top layer includes delegations to individuals and other DAOs owning the entity. In democratic entities, each delegation is equally weighted. In share-based entities, delegations are weighted according to share ownership.

Below the owner level, three default groups (see Identity Access Management) are created:

• Contributors/Members: Representing all DAO contributors, not limited to owners.

• Developers: Entrusted with managing developer infrastructure via the Tonomy Developer Console

• Finance: Responsible for managing payments through Tonomy Pay.

DAOs possess the flexibility to establish new groups, representing various internal departments or units, each with distinct permissions and responsibilities [Ref #9].