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Decentralized autonomous organization - Wikipedia A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), [a][1] is an organization managed in whole or in part by decentralized computer programs, with voting and finances handled through a decentralized ledger technology like a blockchain [2][3][4] In particular, processes run by the
What are Decentralized Autonomous Organizations (DAO)? A Decentralized Autonomous Organization (DAO) is an entity that operates without a central authority Instead, it is governed by a community that shares a common goal and operates based on a specific set of rules enforced on a blockchain
DAO (Decentralized Autonomous Organization) in Blockchain DAO stands for Decentralized Autonomous Organization The concept of a DAO was first proposed by Bit Shares, Steemit, and EOS (Block one) founder Dan Larimer in the year 2015, and was further refined in the year 2016 by Ethereum’s Vitalik Buterin
What is a DAO in Crypto 2025 [Decentralized Organizations] A DAO, or decentralized autonomous organization, is an online group that governs itself using automatic contracts DAOs are often formed to raise and disburse pools of cryptocurrency
What Is a Decentralized Autonomous Organization (DAO)? Learn what a Decentralized Autonomous Organization DAO is, how it works, and why decentralized governance is reshaping finance, and digital ownership for the Web3 era