Just DAO it!
DAO is an acronym for a Decentralized Autonomous Organization built on the blockchain and self-governed without a hierarchical structure. DAOs can be used to create large businesses or small social clubs by providing members with voting rights enabling them to form investments, raise funds, and operate without intermediaries. With over $300M locked up in DAOs, now is the time to discover the building blocks behind these growing networks.
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- Blockchains allow members to transact without intermediaries.
- DAOs offer an alternative to traditional business structures.
- DAOs require stake in the game to participate in the decision making process.
Zayi Reyes, Partnerships, Unstoppable Domains