The term DAO stands for “decentralized autonomous organization” and can be described as an open-source blockchain protocol governed by a set of rules, created by its elected members, that automatically execute certain actions without the need for intermediaries.
SimpleDAO example:
https://github.com/partylikeits1983/simpleDAO
Chapters
0:00 Introduction
0:32 Background of DAO
2:19 Characteristics of a DAO
6:43 DAO vs Corporation vs Cooperative
9:07 More about DAO
10:30 Examples for DAO | YGG, and Gitcoin
14:52 The DAO hack
15:40 Issues of DAO
19:11 Demo
21:24 End
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