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.

Learn more about how DAOs work in crypto on our website: https://whiteboardcrypto.com/what-is-a-dao/

Follow us on Facebook!
https://www.facebook.com/whiteboardcrypto

(Visited 11 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eos
EOS (EOS) 2,63 4,78%
aave
Aave (AAVE) 168,10 3,76%
the-graph
The Graph (GRT) 0,594508 7,13%
kusama
Kusama (KSM) 253,72 5,47%
waves
Waves (WAVES) 16,44 3,50%
dash
Dash (DASH) 115,26 7,20%
bitcoin
Bitcoin (BTC) 43.183,13 0,57%
ethereum
Ethereum (ETH) 3.655,50 1,20%
cardano
Cardano (ADA) 1,17 7,36%
tether
Tether (USDT) 0,880978 0,62%
xrp
XRP (XRP) 0,698005 2,15%
solana
Solana (SOL) 166,06 9,03%
polkadot
Polkadot (DOT) 24,38 5,63%
usd-coin
USD Coin (USDC) 0,883553 0,23%
dogecoin
Dogecoin (DOGE) 0,148883 5,89%
uniswap
Uniswap (UNI) 14,30 5,82%
terra-luna
Terra (LUNA) 59,09 0,39%
litecoin
Litecoin (LTC) 134,87 5,02%
chainlink
Chainlink (LINK) 16,83 5,92%
bitcoin-cash
Bitcoin Cash (BCH) 397,07 4,25%
algorand
Algorand (ALGO) 1,48 1,61%
matic-network
Polygon (MATIC) 1,80 2,58%
stellar
Stellar (XLM) 0,242161 6,29%
cosmos
Cosmos (ATOM) 21,59 9,17%
filecoin
Filecoin (FIL) 33,74 6,25%
tron
TRON (TRX) 0,073906 3,50%
ethereum-classic
Ethereum Classic (ETC) 33,63 2,08%
dai
Dai (DAI) 0,880358 0,62%
tezos
Tezos (XTZ) 3,41 7,96%
monero
Monero (XMR) 174,33 0,79%