đ§ Crypto Glossary â Day 41
đïž DAO (Decentralized Autonomous Organization)
It is a community that organizes itself without bosses or intermediaries, thanks to smart contracts. Decisions are made collectively by all who hold tokens of the project.
đĄ Simple example:
A group launches a DAO to decide where to invest. Each member votes with their tokens, and whatever the majority decides is executed automatically.
đ Did you know? Now you do.
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