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DAO

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Crypto 101

What is a Decentralized Autonomous Organization (DAO)?

What is a DAO? A DAO (Decentralized Autonomous Organization) is a complex smart contract, where the rules of the decentralized organization are integrated into the code of the smart contract via a complex token governance. The first true autonomous corporation is considered to be the Bitcoin network because it was coordinated solely through a distributed [...]

Anca FlorentisDec 5, 20184 min read