„DAOs are the Organizations of the Future.” – Stanford University
DAOs – Decentralized Autonomous Organizations – are among the latest buzzwords and trends in the crypto-space. A DAO is a fully decentralized organization that has its governance based on smart contracts. The DAO is an organization that works autonomously – it operates completely transparent and independent of any human intervention.
In this guide, you are going to learn DAOs are organizations run by code instead of managers. A radically innovative and different organization model that is changing our economy as we know it.
While DAOs are still very rare, some experts predict they will be the next big thing in crypto. Many of today’s LLCs may soon convert to DAOs, thereby allowing any token holders to become stakeholders in the project.
Already, DAOs represent some of the most successful crypto projects . Within no time, it could be dozens more. What are you still waiting for? Learn about the organization of the future today!
Alex Anderson works as a graduate architect in his home city of Melbourne where he was born and raised. In his spare time he loves to read, write, and especially game. Alex has a strong interest in the Science Fiction genre for both novels & games, and is a fan of Michael Crichton, Neal Stephenson, and Eric Nylund to name a few.