Protocol
  • THE Welcome
    • THE Lore
    • THE History
    • THE Idea
  • THE DAO
    • What is a DAO?
    • What is a DAO (ELI5)?
    • Intro to THE DAO
    • THE DAO NFT
  • THE Staking
    • The Formulas
  • THE Contract
    • Tokenomics
  • THE Comics
    • How its made
  • THE Team
    • THE Multisig
  • THE Hall of Fame
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  1. THE DAO

What is a DAO?

A decentralized autonomous organization (DAO).

A DAO, or Decentralized Autonomous Organization, is a digital organization that is run through code rather than a traditional management structure. It is typically managed by a group of token holders who use blockchain technology to make decisions and manage the organization's assets. Transactions within a DAO are recorded on a blockchain, making them transparent and tamper-proof. DAOs can be used for a variety of purposes, such as managing a decentralized investment fund or creating a decentralized social network.

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Last updated 2 years ago

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