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BENEFITS OF THE DAF MODEL

These are the main benefits offered by the DAF model upon the centralized franchising:

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Efficient

Business tokenization allows you to make certain processes more efficient, and avoid a lot of human errors, drastically reducing the operating costs of a franchise.

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Without Intermediaries

Thanks to the implementation of blockchain technology, a large number of intermediaries, such as notaries and advisers which make the operation slower, more expensive and more insecure, can be eliminated.

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Safe

The registration of all transactions in an immutable and protected by a high cryptographic level database, can help avoid all types of fraud while protecting the confidentiality of private data.

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Innovative

The DAF model favors the development of new business models that have not yet been created and that are not possible (or not profitable) under the centralized model.

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Global

The digitalization of the business and the use of smart contracts eliminates geographical borders and greatly facilitates the possibility of exporting the business to any country.

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Distributed Founding

The possibility of issuing tokens allows the DAF to access better financing mechanisms than those available under the traditional system.

HOW DOES THE DAF MODEL WORK?

A DAF, Decentralized Autonomous Franchise, is a new concept that integrates the benefits of the DAOs (decentralized autonomous organizations) and the DACs (distributed autonomous corporations) with the Franchising.

When a DAF is created, the franchisor defines its mechanisms of governance, operation and founding through a series of smart contracts kept within an immutably blockchain.

In addition, the constitution of the DAF includes the rules for the issuance and operation of an utility token that is specific to the DAF and that functions as a native currency within the franchise and grants its holders the right to be part of its ecosystem.

When you decide to become a franchisee and create a new node for a certain DAF, you will accept the terms of its constitution and will have access to the rights to use both the brand and its token and its financing possibilities.