What Is a Decentralized Autonomous Organization (DAO)?
A decentralized autonomous organization (DAO) is an emerging form of legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottoms-up management approach.
What Is DAO (Decentralized Autonomous Organization) | Benefits of DAOs & Limitations of DAOs In 2022
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