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Followers of the cryptocurrency space have probably already heard of decentralized autonomous organizations. They’re a popular recent trend in which crypto projects are led by their communities, as opposed to some kind of centralized authorities.
DAOs, as they’re known, are fully autonomous and transparent entities governed by smart contracts that set out their foundational rules, execute any agreed-upon decisions made by the community and more. Within a DAO, voting rights are generally based on how many “tokens” an individual holds. In most cases, any token holder is able to make a proposal regarding the DAO, its actions, the disbursement of its treasury, investment decisions and more. The rest of the community then gets to vote on those proposals, with the result being enforced by smart contract code.
Ultimately, DAOs are governed entirely by their members, who collectively make all of the most important decisions regarding the future of the project, including t
We współpracy z: https://cryptodaily.co.uk/2022/12/full-2023-guide-to-daos-mechanism-monetization
