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What Is DAO in Crypto? - Decentralized Autonomous Organization - DAO Explained in 7 min- Simplilearn
A DAO is an entity designed to be fully autonomous and operable without a central point of control � A DAO is commonly defined by these five characteristics. A decentralized autonomous organization, or DAO, is a blockchain-based form of organization or company that is often governed by a native. DAO stands for decentralized autonomous organization. A DAO is a type of digital management structure governed by smart contracts with decisions.

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calendar_month 13.02.2022

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For example, the blockchain data could, in principle and if regulatory structures permit it, replace public documents such as deeds and titles. Please review our updated Terms of Service. No hierarchy : There's often no hierarchical management. Trending Videos.