DAO

38cz...LVKV
29 Dec 2023
13

What is a DAO ?
If you wondering what is a DAO , what is the oppurtunity and what it brings for users. If you have lots of questions and want to find the answers , you are in the right place .
The DAO (Decentralized Autonomous Organization ), allow member of the community or organization to management and decisions. The authority don’t have control. DAO’s process and main point are similar like Blockchain. It build with smart contract and purpose decentralized.
These formations, which are not connected to a central power and authority managed by the community, are actually organizations whose decision mechanism for all kinds of events, whose form of management resembles democracy, is provided by the voting of members and secured by smart contracts.
Transactions are activated with the participation of the majority of people who are members of the community, and these members must have their NFT or coin / token in order to participate in the voting.

Write & Read to Earn with BULB

Learn More

Enjoy this blog? Subscribe to yucci

0 Comments

B
No comments yet.
Most relevant comments are displayed, so some may have been filtered out.