What is DAO
In this video, we will explain what DAO is, how does it work, what is the principal-agent dilemma and how do DAOs solve it, plus what does it take to get a DAO membership.
A decentralized autonomous organization (DAO) is a blockchain-based system that lets people coordinate and govern themselves while being mediated by a series of self-executing rules deployed on a public blockchain with a decentralized governance, meaning independent from central control.
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