How are DAOs changing the logic of business management?
DAOs (Decentralized Autonomous Organizations) are an alternative to traditional companies.
How a DAO works:
Decisions are made through voting with tokens.
Finances are stored in a multi-signature wallet or in a smart contract.
Participants are co-owners on equal terms, not salaried employees.
DAOs are used in the management of foundations, video game studios, and community projects.
Examples: MakerDAO, CurveDAO, Gitcoin.
A DAO is a new model of corporate governance, where everything is transparent and decentralized.
