DAO (Decentralized Autonomous Organisations) is a new organisational form that enables more democratic decision-making. What exactly is a DAO and are there any examples yet?
DAOs are organisations that are executed by rules that are coded as computer programs called smart contracts. A DAO’s financial transaction records and program rules are maintained on a blockchain. This makes them transparent and resistant to censorship and corruption, as they are based on the code, rather than being controlled by a single entity.
DAO (Decentralized Autonomous Organisations) is a new organisational form that enables more democratic decision-making. What exactly is a DAO and are there any examples yet? What are DAOs? DAOs are organisations that are executed by rules that are coded as … Continued
