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What is a decentralized autonomous organization (DAO)?

What Is a DAO? A decentralized autonomous organization, or DAO, is an organization that’s governed by code instead of leaders. A decentralized autonomous organization, or DAO, is a blockchain-based form of organization or company that is often governed by a native crypto token.

Are You part of a dao?

If you answered no, then you are probably not part of a DAO. A DAO, or decentralized autonomous organization, is a group of people who have entered into a contract with one another to reach a coordinated goal. It can be anything from collecting rare NFT s, to predicting stock market moves.

What does Dao mean?

It may also refer to speech, especially in philosophical or moral education. In the latter sense, dao may refer to a philosophical tradition: a thinker’s disciples maintain his dao, which they subsequently transmit (in both speech and writing) to their own students, and so forth.

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