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bhuwnesh_soni
@bhuwnesh
Can DAOs drive urban planning through participatory budgeting? By leveraging blockchain’s transparency and decentralization, DAOs enable communities to directly propose, vote on, and fund city projects. Residents gain a stake in decision-making, ensuring funds align with collective priorities—be it green spaces, infrastructure, or public services. Smart contracts automate budget allocation, minimizing corruption and bureaucracy. Successful examples, like decentralized funding for local initiatives, show DAOs can foster inclusive, efficient urban development. However, challenges remain: ensuring broad participation, addressing digital divides, and navigating regulatory hurdles. With proper design, DAOs could revolutionize how cities plan and grow, empowering citizens to shape their urban future collaboratively and equitably, while promoting trust and accountability in governance.
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