# Bitsquare as Decentralized Autonomous Organization

**URL:** <https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38>\
**Category:** Bisq DAO\
**Created:** [April 23, 2016, 9:00pm UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38 "2016-04-23T21:00:21Z")\
**Posts on this page:** 5\
**Page:** 2

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**Author:** ![avgeca](https://bisq.community/letter_avatar/avgeca/32/5_5575768a8748004e209b776fc1b2916d.png) [@avgeca](https://bisq.community/u/avgeca)\
**Post date:** [August 28, 2016, 9:54am UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38/21 "2016-08-28T09:54:44Z")

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I like squares!

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**Author:** ![coinstash](https://bisq.community/user_avatar/bisq.community/coinstash/32/213_2.png) [@coinstash](https://bisq.community/u/coinstash)\
**Post date:** [September 24, 2016, 11:26am UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38/22 "2016-09-24T11:26:49Z")

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Squares +1

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**Author:** ![justpaul](https://bisq.community/letter_avatar/justpaul/32/5_5575768a8748004e209b776fc1b2916d.png) [@justpaul](https://bisq.community/u/justpaul)\
**Post date:** [January 25, 2017, 10:29pm UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38/23 "2017-01-25T22:29:30Z")

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I like your use of cooperate twice! How about a co-op?

> **[Cooperative](https://en.m.wikipedia.org/wiki/Cooperative)**
>
> A cooperative (also known as co-operative, co-op, or coop) is "an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly-owned enterprise".
> Cooperatives may include:
> Research published by the Worldwatch Institute found that in 2012 approximately one billion people in 96 countries had become members of at least one cooperative. The turnover of the largest three hundred cooperatives in the world reached $2....

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**Author:** ![alexej996](https://bisq.community/user_avatar/bisq.community/alexej996/32/491_2.png) [@alexej996](https://bisq.community/u/alexej996)\
**Post date:** [February 5, 2017, 8:40pm UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38/24 "2017-02-05T20:40:41Z")

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> [@ManfredKarrer](#):
>
> The board is the group of the top 3 stakeholders.

Is that just a random number or is there some reason behind it? 😃 [quote=“x\_o, post:17, topic:38, full:true”]  
Squares sounds like a winner to me, nice and simple.  
[/quote]

Due to brand change, it might need to be reconsidered now. Guess we will wait for a new name 😃

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**Author:** ![ManfredKarrer](https://bisq.community/user_avatar/bisq.community/manfredkarrer/32/26_2.png) [@ManfredKarrer](https://bisq.community/u/ManfredKarrer)\
**Post date:** [February 6, 2017, 2:28am UTC](https://bisq.community/t/bitsquare-as-decentralized-autonomous-organization/38/25 "2017-02-06T02:28:57Z")

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The new DAO model will have no board. A foundation will be only for legal security (as we learned from TheDAO you cannot escape so easy).

Yes the name will be derived from the new brand name once decided.

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