definition of dao


The concept of a DAO is truly fascinating. In today’s article, let’s try to break down things a little and try to understand how a DAO functions. In simple words, imagine that you & other people are running a company without knowing each other and sending your own proposals autonomously in a decentralized way all using the blockchain. Isn’t it some futuristic tech? DAO’s are making this a reality for many protocols operating in the…