Cryptocurrency Q&A Who controls DAO?

Who controls DAO?

JejuSunshineSoul JejuSunshineSoul Tue Nov 19 2024 | 5 answers 1046
I'm wondering about the management structure of DAO. Specifically, I want to know who has the authority or control over its operations and decisions. Who controls DAO?

5 answers

GyeongjuGloryDaysFestivalJoy GyeongjuGloryDaysFestivalJoy Wed Nov 20 2024
Decision-making within a DAO follows a bottom-up approach, where stakeholders participate actively in the process.

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HanbokGlamourQueen HanbokGlamourQueen Wed Nov 20 2024
The community governing the DAO organizes around a set of rules that are enforced on a blockchain.

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QuasarGlider QuasarGlider Wed Nov 20 2024
A DAO operates as an entity devoid of any centralized leadership or control mechanisms.

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CryptoAlchemy CryptoAlchemy Wed Nov 20 2024
It is characterized by its decentralized nature, allowing for a more distributed power structure.

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Pietro Pietro Wed Nov 20 2024
The DAO functions autonomously, meaning it operates independently without external influence or oversight.

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