What is Comuna DAO

Comuna is a project that aims to consolidate the efforts of the payments ecosystem in LatAm towards the goal of digitizing (on-site) payments in every merchant in the region. By distributing ownership to Fintech companies, merchants, point of sale tech companies, and users (via tokens), Comuna will incentivize growth on a common payment infrastructure which facilitates adoption and makes mobile payments economically more efficient for everyone.

Comuna is using Flux QR as a stepping stone, since their solution for QR payments is currently operating in Mexico. The current operative model, technology and transactions will be progressively migrated to a web3 architecture to accelerate growth beyond traditional channels.

Through a mix of institutional and community funding, the DAO will emit an initial batch of tokens that will serve to maintain the operation, grow the community, accelerate growth and market presence, and distribute ownership to the community. In essence, showcasing how the power of the community can own, maintain and operate payment gateways in a decentralized manner.