What Are DAOs And Why You Should Pay Attention

What Are DAOs And Why You Should Pay Attention

DAO

The post What Are DAOs And Why You Should Pay Attention appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide

Decentralized Autonomous Organizations (DAOs) are a powerful tool to replicate the activities of business entities without many of the inefficiencies that plague traditional companies.  In a simple form, a DAO is a smart-contract governed structure collectively owned and managed by members. Decisions are made via proposal and put to a vote to ensure a democratic …

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