More simply, DAOs are a new way to finance projects, govern communities, and share value. Instead of a top-down hierarchical structure, they use Web3 technology and rapidly evolving governance and incentive systems to distribute decision-making authority and financial rewards. Typically, they do that by issuing tokens based on participation,... See more

DAOs (Decentralized Autonomous Organizations) have emerged in recent years, allowing people to collaborate on smaller-scale projects than companies. DAOs are organized around a mission that coordinates through a shared set of rules enforced on a blockchain. Put it simply, DAOs are a new way to finance projects, govern communities, and share value.

— DAOs are having a big moment in blockchain, thanks to their community-driven code of ethics.— There are several different DAO categories, each one suiting a different interest, whether it’s investing, collecting art, or cultivating community and member projects via community funding.— Because DAOs are decentralized, they eliminate the need for a... See more