Article I: Principles & Values

Article I: Name and Purpose

We name this organization the Gnodi Consortia DAO (Decentralized Autonomous Organization), referred to as the Gnodi Blockchain. You can access all functions of the Gnodi Blockchain at www.gnodiconsortia.com.

Vocabulary:

• Blockchain: A system where participants process data and transactions across multiple computers.

• Node: The software that runs on a participant’s device within the blockchain to process data and transactions.

• Decentralized Blockchain: A blockchain network that operates without an authority group. Every member of the blockchain controls and makes decisions, each receiving an equal vote.

The Gnodi Blockchain serves the following purposes:

• Decentralization: We remove the need for a central authority or intermediary.

• Autonomy: Users decide how much they will contribute to the community.

• Transparency: Transactions record in a transparent ledger accessible to all participants.

• Security: Decentralized blockchains resist attacks better because they lack a single point of failure.

• Efficiency and Cost Reduction: By eliminating intermediaries, we reduce transaction costs and streamline processes.

• Censorship Resistance: No single entity controls our decentralized blockchain, making it less susceptible to censorship.

How it Works:

• Purchase License: Customers purchase a node license from the Gnodi Blockchain (for example, $1000).

• Run Software: Node owners run the software in the background of their devices, providing Delphi applications (apps partnered with the Gnodi Consortia DAO) with computer power to perform their functions.

• Receive Rewards: In return for their contributions, node owners receive Gnodi rewards, which they can exchange for material goods within the Gnodi Marketplace.

• Grow the Community: Node owners can earn additional Gnodi digital rewards for increased effort and innovation within the Gnodi decentralized ecosystem.