# DAWKS DAO

## DAO and what it means?

A **DAO** is intended to improve the traditional management structure of many companies. Instead of relying on a single individual or small collection of individuals to guide the direction of the entity, a **DAO** intends to give every member a voice, vote, and opportunity to propose initiatives. A **DAO** also strives to have strict governance that is dictated by code on a blockchain.

{% hint style="success" %}
Each holder who owns a T3 or T4 NFT will have voting powers on certain moves the project takes, this will include tax changes/revenue distribution + more. This is a total of 125 votes, this will be changed in the near future as more NFT's are released into the ecosystem.\
\
The overall aim is to have the community make decisions on future developments, the end game is to set 0% buy/sell tax for the $DAWKS token and renounce the contract.\
\
So how will the project earn tax revenue when this happens?\
Tax revenues will be obtained through new launched projects/partnerships/advertising, this will be a long term sustainable model.
{% endhint %}