Cryptocurrencies: 27289
Markets: 108940
Market Cap: $3,811,914,659,354     
24h Vol: $95,467,003,561
CoinGape 2022-11-14 10:41:40

What is a Decentralized Autonomous Organization?

Definition A Decentralized Autonomous Organization (DAO) is a legal structure that has no central governing body and whose members share a common goal of acting in the best interest of the entity; and is in the emerging phase. Popularized by cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up approach. The post What is a Decentralized Autonomous Organization? appeared first on CoinGape .
esptco-banner img

Videos
  • Top 5 Crypto Exchanges 2022: Best Crypto Exchanges to Work With!

  • How to Buy BTC with Binance Mobile!

  • What are NFTs? How will it change the way we use things? Simply Explained!

  • COIN vs TOKEN | Difference Between Coin and Token | Simply Explained!

Our Partners