Tag: DAO

The advent of blockchain technology has not only transformed finance through cryptocurrencies but has also reimagined how we perceive organizational structures. Decentralized Autonomous Organizations (DAOs) are one of these innovative constructs that are reshaping the way decisions are made and executed within a community. This article explores what DAOs are, how they operate, and their potential to impact various industry sectors. What is a DAO? A DAO is an organization represented by rules encoded as a computer program that is transparent, controlled by the organization members, and not influenced by a...