Mark Mason
Well-known member
What Is a DAO and Why Is It Revolutionary?
First popularized by the ill-fated Ethereum project which resulted in the split to Ethereum Classic, the DAO is a bit of a blockchain buzzword. This innovation extends far beyond simple hype, however, and could revolutionize the way we structure organizations. Here’s a breakdown of what makes a DAO, as well as an explanation of why we should care.
What is a DAO?
“DAO” is an acronym for “decentralized autonomous organization.” In order to qualify as a DAO, an entity must complete all three requirements: decentralization, autonomy, and organization.
Read more: https://www.dashforcenews.com/what-is-a-dao-and-why-is-it-revolutionary/