Decentralisation is one of the central principles of #bitcoin and a key factor in its popularity. It removes the middlemen and brings us one step closer to the future. But how can decentralised systems change the world? With DAOs or Decentralised Autonomous Organisations, smart contracts can do things which were once only possible in science fiction.
► Start using #ETH today with Luno: https://www.luno.com/?utm_source=Youtube&utm_medium=Channel&utm_campaign=Hero
Can you picture what a DAO looks like? What projects are you excited about? Let us know in the comments below 🚀
0:00 What is a DAO?
0:15 DAO definition
0:45 DAO ethereum
1:16 DAO crypto
1:50 How does a DAO work?
2:22 DAO stakeholders
Don’t forget to hit the like button and subscribe to #LunoTV so you never miss out! https://www.youtube.com/lunoglobal
#ToTheMoon
📺 Watch These Videos Again 📺
USD Coin (USDC) stablecoin explained: what is it and how it works
#DAO #ETH
