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Organizations? Communities? Entities? What Even is a DAO Anyway
This story was originally published on HackerNoon at: https://hackernoon.com/organizations-communities-entities-what-even-is-a-dao-anyway.
A DAO in crypto is formed by a group of people (a sort of community) digitally united by a common cause, without centralized leadership. Let's discover more!
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Decentralized Autonomous Organizations (DAOs) work with the rules of an algorithm on a Distributed Ledger, instead of any human middlemen. DAOs can fund public goods or manage protocols without reliance on a single governing body, fostering inclusivity and fairness.
Published on 3 months, 1 week ago