Ads end in 20 seconds
This content is free thanks to our sponsors
Sponsored Ad – I may earn a commission if you click and buy
Crypto
DAO
Decentralized Autonomous Organization — a group that runs on smart contracts and votes with governance tokens instead of a traditional boss.
DAOs are used for investment clubs, protocol governance, charities, and even virtual countries in the metaverse. They are fully transparent because all votes and treasury movements are on-chain.
It's a company run by a group chat and a voting app instead of a CEO and boardroom.
Real world: MakerDAO controls the DAI stablecoin. Token holders vote on interest rates, new features, and how the treasury is spent. No single person can decide alone.
💡 DAOs are how crypto tries to run organizations without trusting any single human — everything is code and votes.