QuasarStorm
Sat Nov 09 2024
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7 answers
1581
What is the purpose of a governance token in DAO?
I'm curious about the role of a governance token in a DAO. Specifically, I want to understand its purpose and how it functions within the decentralized autonomous organization's framework.
CryptoTamer
Fri Nov 08 2024
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7 answers
1811
What is the world's largest DAO?
The user wants to know the world's largest DAO based on its size or market capitalization. DAO stands for Decentralized Autonomous Organization, which are organizations represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government or any single individual. The question expects an answer that provides the name of the largest DAO in the world.
ethan_carter_engineer
Fri Nov 08 2024
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6 answers
1184
What are the risks of a DAO?
I'm interested in understanding the potential risks associated with a Decentralized Autonomous Organization (DAO). Could you please outline the main risks that come with this type of organization?
EthereumEmpire
Wed Nov 06 2024
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6 answers
1428
How to get a DAO token?
I'm interested in obtaining a DAO token. Could you please explain the process of acquiring one? I'd like to understand the steps involved and any requirements I need to meet.
Chiara
Wed Nov 06 2024
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6 answers
1316
What does a DAO do in crypto?
A DAO in crypto serves multiple functions. It enables decentralized decision-making within a blockchain network, promoting transparency by recording all decisions and transactions on the blockchain. This enhances efficiency as DAOs operate through automatically executing code and smart contracts, reducing the need for intermediaries. Additionally, DAOs encourage innovation in the blockchain industry by allowing community members to propose and fund new projects.
