> For the complete documentation index, see [llms.txt](https://dakolabs.gitbook.io/whitepaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://dakolabs.gitbook.io/whitepaper/introduction.md).

# Introduction

Inspiration for DakoLabs

DakoLabs was founded by 3 friends who noticed a negative trend in the NFT space consisting of scammers, rug pulls, and false promises from developers. As investors, they became frustrated and decided to come together to create something extraordinary. The result of this reaction led to the establishment of DakoLabs. 

DakoLabs is a company dedicated to creating a community-driven project where its members, as a collective, have the ability to scale and control the value of the utility. Therefore, providing an incentive for more users to enter the Web3 space and ensure trust in relationships between creators/developers and the public. DakoLabs does not want to be known as a company who makes false promises; therefore, one of DakoLabs’ priorities is to avoid any form of venture capital, further giving the community the power to scale at their own free will. 

DakoLabs is offering something that has never before been seen in the NFT space…*real world utility!*