I'm interested in understanding the purpose or objective behind the concept of DAO. I want to know what DAO aims to achieve and its role in the blockchain and decentralized technology landscape.
5 answers
Federico
Sat Oct 26 2024
The ultimate objective of a Decentralized Autonomous Organization (DAO) is to attain complete decentralization.
SsamziegangSerenade
Sat Oct 26 2024
This means that a DAO operates autonomously, without requiring human intervention or control.
Elena
Fri Oct 25 2024
Advocates of DAOs argue that they offer a transparent and democratic framework for individuals to come together and work in unison.
BitcoinBaron
Fri Oct 25 2024
By leveraging blockchain technology, DAOs can ensure that decisions are made in a fair and impartial manner.
Federico
Fri Oct 25 2024
BTCC, a prominent cryptocurrency exchange, provides a range of services that cater to the needs of DAO enthusiasts. These include spot trading, futures trading, and secure wallet solutions.