➡️ DAO or a Decentralized Autonomous Organization is a company or entity with no central leadership. They are owned and managed by their members following an enforced set of rules on a blockchain.
➡️ Popular examples of DAOs include crypto blockchains such as Ethereum and Bitcoin, where users buy and exchange crypto with rules based on smart contracts.
Watch the full video to learn more about DAOs!
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🕘 Timestamps:
00:00 Intro
00:51 What is a DAO
02:15 How do DAOs work?
03:49 Sumup
04:35 Outro
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📢 Disclaimer:
All information provided in this video is solely for educational purposes. No information is to be taken as financial advice. All the statements and expressions are based on research and personal opinion and are not meant to be a substitute for professional advice or recommendation.
➡️ Trading cryptocurrencies poses a high risk of loss and you should not make any financial or investment decisions based on this video without undertaking your own research or consulting with a professional.
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