Web3 firm MetisDAO Foundation has launched Koris, an intelligent contract-based platform that enables decentralized organizations to operate and manage communities through an end-to-end operational infrastructure.

In an announcement sent to Cointelegraph, the company said that Koris aims to turn decentralized autonomous organizations (DAOs) into DACs or “decentralized autonomous companies” by providing an operating system consisting of various governance and management tools.

The team believes that while DAO platforms have collective decision-making and operational functions, they can be taken further by providing tools to help grow Web3 businesses.

Chelsea Kubo, co-founder and COO of Koris, said there is a growing demand for DAOs with greater management transparency. She added:

“These infrastructures and management models are reflected within a DAC, and KORIS works as a platform to help companies excel in a web3 space. Having said that, it is only time until the big companies and web2 companies start making this move.”

The project is currently in its closed beta phase. However, the company said that in the future anyone will be able to create their own DAC on Koris. This includes established Web3 companies and people who want to start their own community.

Related: Sustainability: What do DAOs need to be successful in the long term?

DAOs have gained a lot of support for development recently. In addition to Koris, the World Economic Forum (WEF) has also expressed its support for DAOs by launching a toolkit on January 17. The document contains the work of more than 100 contributors and is intended to provide a starting point for DAOs in developing effective strategies. in governance, operations and legal affairs.

In an episode of The Agenda podcast, DAO co-founders like TheLaborDAO and theCaféDAO sat down with Cointelegraph’s Jonathan DeYoung and Ray Salmond to discuss the state of worker rights in the United States. The group explored how DAOs can strengthen worker rights and how blockchain can play a role.