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{
"label": "Decentralization",
"position": 10,
"link": {
"type": "generated-index",
"description": "We present the ThreeFold decentralization status of both V3 and V4."
}
}

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---
title: 'Veda Cooperative'
sidebar_position: 6
hide_title: true
---
![](img/coop.png)
## **What is a Cooperative?**
A **cooperative (co-op)** is a member-owned organization where all members share equal ownership and decision-making power. Unlike traditional corporations, cooperatives prioritize the collective benefit of their members over maximizing profits. Key principles of a cooperative include:
1. **Democratic Governance**: Each member has an equal say in decisions, often following a "one member, one vote" policy.
2. **Shared Ownership**: Members collectively own and share the profits or benefits generated by the cooperative.
3. **Inclusive Participation**: Membership is open to anyone who fulfills the cooperatives requirements.
4. **Community-Focused**: Cooperatives exist to serve their members and community, often emphasizing long-term sustainability and mutual benefit.
## Setting Up the Cooperative
In H1 2025, we plan to establish a cooperative structure that will unite and represent the interests of all Veda farmers as well as Veda users.
Cooperatives are powerful, regulated entities with a long history of promoting decentralization and community-driven governance. By forming a cooperative, we can create a structure that not only aggregates the voices and needs of our farmers and users but also provides a legally recognized framework for truly decentralized decision-making.
## True to Veda's Ethos
Cooperatives are uniquely suited to the decentralized ethos of Veda. They operate on democratic principles, ensuring that each member — whether a farmer or user — has an equal say in the direction and operation of the network. This approach aligns perfectly with our vision of a decentralized, peer-to-peer infrastructure where power is distributed, not concentrated.
Moreover, cooperatives are recognized globally as legitimate and effective governance structures. This recognition will help us engage with regulatory bodies and broader societal systems, ensuring that the decentralized nature of Veda is respected and protected as we continue to grow.

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---
title: 'Veda DAO'
sidebar_position: 4
description: Learn about the Veda DAO.
hide_title: true
---
![](img/book.png)
A **DAO**, or **Decentralized Autonomous Organization**, is an organizational structure that operates through smart contracts on a blockchain, with decision-making processes carried out in a decentralized and autonomous manner.
The Veda DAO aims to create transparency, eliminate centralized authority, and allow members to participate directly in decision-making.
> its the technical underpinning of the cooperative, our digital tools on ledger tech.
### Key Characteristics of a DAO:
1. **Decentralization**
- Decisions are made collectively by the members.
2. **Autonomy**
- Once deployed, a DAO operates according to its pre-defined smart contracts, which enforce rules and execute decisions automatically without manual intervention.
3. **Governance via Token Ownership**
- Members often participate in governance by holding tokens, which can be used to vote on proposals or influence decisions.
4. **Transparency**
- All transactions and governance decisions are recorded on the blockchain, ensuring accountability and transparency.
5. **Programmable Rules**
- DAOs use smart contracts to define rules, manage assets, and execute actions based on collective decisions.

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---
title: 'Introduction'
sidebar_position: 1
description: 'Good governance and decentralized structure, but regulated and 100% transparent.'
hide_title: true
---
![](img/decentralized.png)
<h1> Decentralization </h1>
Decentralization, in our view, isn't solely about employing blockchain technology everywhere.
- Instead, we envision it as the result of a global community collaborating transparently, sharing everything they do, and actively seeking feedback.
- Our goal is to ensure that the platform we deploy operates in the most distributed and decentralized manner possible.
For us decentralization is a very serious topic and is achieved in the following way:
- Cooperative
- It manages the promotion of the Veda and related ecosystem
- It safeguards the decentralization principles and the governance of the ecosystem.
- It requires operational tasks in relation to anything that is of interest our members.
- DAO
- A **Decentralized Autonomous Organization** is an organizational structure that operates through smart contracts on a blockchain, with decision-making processes carried out in a decentralized and autonomous manner.

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