The Rise of DAOs: How They Can Transform Institutional Decision-making

What is a DAO?

  • It is controlled by specific rules,
  • It is created by its elected members,
  • It automatically performs certain actions under specific conditions,
  • It doesn’t require the help of any intermediaries.

How do DAOs work?

DAO decision making

Types of DAOs

What Benefits Do DAOs Offer Institutions and Crypto Projects To Function Better?

The Drawbacks of DAOs

Conclusion

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