> For the complete documentation index, see [llms.txt](https://playmusicearn.gitbook.io/playmusic/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://playmusicearn.gitbook.io/playmusic/playmusic-1/dao.md).

# DAO

* Decentralized Autonomous Organizations - were created to structure financial organizations that could operate in an innovative way, precisely to be able to serve a totally innovative market, which is the cryptoactive market.However, this way of looking at organizations has already broken down the barrier that separated, even if only in an imaginary way, what is the traditional market and the cryptoactive market, and today we can already observe other innovative applications for the concept.
* **DAO governance and governance token**

  While the PLAYMUSIC community intends to promote the use and value of NFTs, community members are responsible for the governance of the autonomous community, such as proposals, organizing votes and implementation, seeking cooperation, and continuing the expansion of the community