#whatisdao #dao #whatisdaoincrypto
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What is a DAO in Crypto? (Decentralized Autonomous Organization) | DAO Explained in 9 min
A DAO, or a Decentralized Autonomous Organization, is a company set up to run by code on the blockchain. The people who own tokens associated with the DAO are responsible for voting on changes and proposing new ideas to keep the DAO up and running and improving.
The DAO is a significant deal in the crypto industry right now because it’s most likely going to be the future of job contracts, housing leases, company deals, and maybe even your career. So, here is a video on What Is DAO to give you a better understanding of its origin and how it’s definitely more than just an organization running on Blockchain Technology. This video will help you understand What DAO is and how its works with Smart Contracts and Dapps. Also, it gives you a glimpse of the history of the infamous DAO Attack. After watching this video, I can assure you all your concepts and queries related to What is DAO will be cleared out.
#dao #cryptodao #daoincrypto #blockchain #decentralizedautonomousorganization
