Wienchain is a DAO (decentralized autonomous organization) that provides businesses, freelancers and teams with a wide variety of benefits and services to help them grow their projects. Funding, marketing and security are just some of the benefits provided to companies that are a part of the Wienchain ecosystem.

“What is a DAO?” To put it in simple terms, a DAO is a Decentralized Autonomous Organization that operates according to a set of laws or rules that are designed by a fully transparent, stakeholder-governed, smart-contract based program.

The overall advantage of a DAO is that it strives to solve issues that are embedded in the operating systems of traditional top-down organizations and corporate entities. These issues are mostly regarding the management of organizations, and a DAO can resolve that by putting in place an autonomous structure.

On Wienchain all decisions of the ecosystem, such as funding allocation, are not made by a central entity rather by the systems Masternodes. A Masternode is a member of the Wienchain community who meets the following requirements

They own at least 25,000 WIEN tokens They run a node which contributes to creating a consensus on Wienchain

So pretty much anyone can be a Masternode, including you!

Some of the benefits of Wienchain are…

Reduces The Technical Burden

Development is expensive and time consuming, Wienchain helps solve this problem. Developers can build on top of Wienchain’s high functioning blockchain and in doing so drastically cut down development costs and eliminate potential attack vectors for your project.

Reduces Marketing Costs

Marketing is often a hefty cost for a startup and the results are not always guaranteed. Companies that join the Wienchain ecosystem join an existing network of users, allowing them to take advantage of the network effect and receive free marketing by being exposed to all other users in the ecosystem.

Increased Clarity for Investors

With a vast amount of startups popping up daily it’s often difficult for investors to find high-quality and trust-worthy projects. Wienchain helps with this process by having all projects be vetted by the DAO.

Wienchain is still in its infancy but with a talented team, big plans, and an enthusiastic community. We’d love to have you be apart of our fast-growing community.