A Dao (Decentralized Autonomous Organization) is an organization with no central leadership. The rules are encoded out in the open, on the blockchain. Decisions are made by the community so there is no need for managers. Community members can vote on decisions by using native tokens, a sort of put your money where your mouth is situation. Once a majority is reached a built in smart contract will execute. There are literally millions of use cases for this new business model, from community owned real estate to crowdfunded venture capital to financially transparent charity organizations. Dao's are changing the world as we know it and we are happy to be your partner as we travel through the looking glass together.
Now listen to your Dao Daddy. Get reading.
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