Cryptocurrency Q&A
What is a DAO coin?
What is a DAO coin?
KpopHarmony
Fri Oct 25 2024
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7 answers
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I've recently heard about DAO coins and I'm wondering what they are. Could someone explain to me the concept of a DAO coin and how it fits into the cryptocurrency world?
7 answers
Ilaria
Sun Oct 27 2024
A DAO operates in a bottom-up manner.
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KatanaGlory
Sun Oct 27 2024
There is no central authority controlling a DAO.
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Ilaria
Sun Oct 27 2024
Members of a DAO possess tokens issued by the organization.
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noah_doe_writer
Sun Oct 27 2024
A DAO represents a decentralized autonomous organization.
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GeishaMelody
Sun Oct 27 2024
It is a unique form of entity structure.
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