DAOs101

🗳️ #DAOs101: Organizations that operate without bosses.

DAO = Decentralized Autonomous Organization
It's like a company without a fixed owner — the decisions are made by the members themselves.

📌 How does a DAO work?
🔹 The rules are written in smart contracts
🔹 Participants vote using governance tokens
🔹 Everything is transparent and recorded on-chain

💡 Example:
✅ The community proposes changing a fee
✅ Those with tokens vote
✅ If approved, the smart contract executes

📲 Popular uses of DAOs:
🔸 DeFi projects
🔸 Community treasuries
🔸 Web3 foundations
🔸 Collective investments

⚠️ Advantages:
✅ Transparency
✅ Decentralization
✅ Open participation

But beware:
❌ Attacks and bugs in contracts
❌ Votes dominated by whales
❌ Difficult to make quick decisions

➡️ DAOs are changing how projects and communities make decisions. And you can be a part of it.

#DAOs101 #Web3ParaTodos #FuturoColetivo