G-KNOT.net
GKNOT Blockchain Network

G-KNOT.net, designed to be automated and decentralized, runs on a blockchain protocol fully and autonomously in accordance with rules encoded via smart contracts (DAO Governance). G-KNOT wallet is operated on G-KNOT.net, which is the decentralized ledger used to maintain GKNOT coins.

DAO Governance
Decentralized Autonomous Organization
A DAO, a decentralized autonomous organization, is a software-enabled organization built and governed by smart contracts on a blockchain network. A smart contract is a set of rules written in computer code on a blockchain network that enables a network of computers to communicate and execute pre-programmed transactions once certain conditions are met. A DAO does not have a CEO or a board. It is owned by the members (nodes) and make decisions based on proposals that nodes vote on.
A DAO has received much attention because it offers many advantages such as transparency, no corruption or owner risk, equitable distribution of earnings, etc.