DAO

The term DAO stands for “decentralized autonomous organization”. DAO is an entity with no central leadership. Decisions are governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are operated using smart contracts that automatically execute when a set of criteria are met.

Looking for world-class cryptocurrency portfolio management tools? Manage your digital wallets across multiple exchanges and trade anytime, anywhere.  Sign up for Coinigy Now

Was this article helpful?
0 out of 0 found this helpful
Have more questions? Submit a request

Comments

0 comments

Article is closed for comments.