Cryptocurrency Q&A
What is DAO in crypto world?
What is DAO in crypto world?
CryptoWizardry
Tue Nov 26 2024
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7 answers
2021
DAO, or Decentralized Autonomous Organization, is a term often used in the crypto world. It refers to an organization that operates autonomously and is decentralized, relying on smart contracts and blockchain technology. DAOs enable members to collectively make decisions and manage the organization through voting, without the need for a central authority. This model aims to achieve more fair, transparent, and efficient collaboration and governance.
7 answers
TaegeukChampionCourageousHeartWarrior
Thu Nov 28 2024
A DAO stands for Decentralized Autonomous Organization.
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DigitalDragonfly
Thu Nov 28 2024
It represents a novel organizational framework.
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Caterina
Wed Nov 27 2024
This structure leverages blockchain technology.
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Chloe_emma_researcher
Wed Nov 27 2024
BTCC is a prominent cryptocurrency exchange offering a range of services.
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CryptoKnight
Wed Nov 27 2024
It is frequently likened to a crypto-cooperative.
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