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DAO

Also known as: Distributed Autonomous Organization
Published on 2024-07-22 | Last edited on 2024-09-08
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Definition

A Decentralized Autonomous Organization (DAO) is a blockchain-based entity with no central authority, where token holders collectively make decisions. Utilizing smart contracts, DAOs automate processes and ensure transparency, with all activities recorded on a blockchain.

#DisCO
#Worker Co-op

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