In an announcement sent to Cointelegraph, the company said that Koris aims to turninto DACs or “decentralized autonomous companies” by providing an operating system consisting of various governance and management tools.
The team believes that while DAO platforms have collective decision-making and operational functions, they can be taken further by providing tools to help growChelsea Kubo, the co-founder and COO of Koris, said that there is a growing demand for DAOs with increased management transparency. She added:
“These infrastructures and management models are reflected within a DAC, and KORIS works as a platform to help businesses excel in a web3 space. Having said that, it is only time until large enterprises and web2 companies begin to make this move.” The project is currently in its closed beta phase. However, the company said that in the future, anyone will be able to create their own DAC on Koris. This includes established Web3 firms and people who want to start their own community.
'Sure, if you want to call them DAOs. I prefer to call them 'dumb autonomous organizations'.'
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