DAO (Decentralized Autonomous Organization)
BlockchainWhat is DAO (Decentralized Autonomous Organization)?
A Decentralized Autonomous Organization (DAO) is a blockchain-based organizational structure governed by code and smart contracts, enabling collective decision-making and management without the need for a central authority. DAOs utilize token-based voting mechanisms to align incentives and execute proposals automatically, fundamentally reshaping traditional corporate and governance models.
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