Labor as Capital DAO

Labor as Capital DAO, abbreviated as LaC DAO, is the first and only pure DeFi DAO whose asset is human labor across the globe. To acquire these assets, LaC DAO includes in its portfolio companies that are building businesses (iol-businesses) based on software systems for on-demand outcall services, which are fully developed and available in public release. LaC DAO has its own unique token on blockchain networks, which enables participation in governance through voting. Thus, LaC DAO consists of individuals who hold LaC DAO tokens. Token holders can manage their tokens at their discretion, including exchanging them for fiat currency and other assets, including crypto currencies. These tokens can also be listed on stocks, exchanges, and trading platforms, making them a financial instrument that reflects the state of the outcall services market worldwide. The unique technical and engineering-intellectual resources of LaC DAO include the exclusive commercial representation of the Internet of Labour ecosystem/platform and a partnership with Distributed Digital Nomads — developers of iol-apps: applications built on the Internet of Labour platform. The more iol-businesses are included in the LaC DAO portfolio and the more users they have, the higher the value of the LaC DAO token. At the same time, the token's value does not depend on the profitability of the companies in the portfolio.