What Are DAOs And Why You Should Pay Attention

What Are DAOs And Why You Should Pay Attention

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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 …