Beskar is developing a decentralised, open-source governance system that is community-owned and transparent. The Beskar DAO aims to establish a decentralised DeFi & DAO Think Tank, contributing to the web 3.0 economy. Similar to Elrond's influence on the technical layer of DeFi and NFTs, Beskar DAO will serve as the social layer, guiding users in the new Web3 environment.

As blockchain technology gains mainstream acceptance and people recognize the benefits of cryptocurrencies, creating a cryptocurrency-based digital colony with a fair governance system becomes crucial for attracting and retaining individuals in the crypto ecosystem. DAOs are emerging as new social and economic structures that can harness collective intelligence effectively. These artificial frameworks will redefine how we interact in a limitless environment, where human ingenuity becomes paramount.

The $BSK token will be launched on MDEX (Maiar Decentralised Exchange) during the bootstrapping phase, laying the foundation for a thriving DAO. All generated revenues will be deposited into the community wallet, allowing the future digital colony to decide on their best utilization.

$BSK is an ESDT (Elrond Standard Digital Token) designed to enable DAO members to contribute to the expansion of the digital community. The ESDT token model ensures true ownership, advanced programmability, and low transfer fees, making it an ideal foundation for efficient and robust DeFi products. Additionally, the token aims to foster a collaborative economy, where all participants are incentivized to support each other's growth, thereby driving the token's appreciation.

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