Introduction

Decentralized Autonomous Organizations (DAOs) are revolutionizing governance by eliminating central authorities and enabling community-driven decision-making through blockchain technology.

What is a DAO?

A DAO is a blockchain-based organization governed by smart contracts and its members, rather than a traditional leadership structure. It operates autonomously and transparently, allowing stakeholders to participate in decision-making.

How DAOs Work

Smart Contracts and Automation

DAOs rely on smart contracts to execute rules and automate functions without intermediaries.

Governance and Decision-Making

Members vote on proposals using governance tokens, ensuring decentralized control.