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What is a DAO? Decentralized Autonomous Organizations Explained
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What is a DAO? Decentralized Autonomous Organizations Explained
DAOs are one of the many intriguing innovations to emerge from blockchain technology. Like other blockchain applications, DAOs are designed to eliminate some form of control associated with the traditional world settings. In simpler terms, a DAO or decentralized autonomous organization is an organization that exists and operates without a central authority figure such as a CEO or Venture Capital. These entities employ a community-type leadership…
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