What is a DAO in Crypto? (Decentralized Autonomous Organization)

What is a DAO in Crypto? (Decentralized Autonomous Organization)

A DAO, or a Decentralized Autonomous Organization, is a company set up to run by code on the blockchain. The people who own tokens associated with the DAO are responsible for voting on changes and proposing new ideas to keep the DAO up and running and improving.

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