DAO (Decentralized Autonomous Organization)

Digital entity governed by rules programmed in smart contracts where members collectively make decisions.

What is it? - Dummies

It's like a club where the rules are in a program and all members vote to decide what to do, without bosses or owners.

What is it? - PRO

A DAO is an organizational structure that operates through smart contracts on a blockchain, where decisions are taken by a vote of members holding governance tokens, without the need for a central authority. It facilitates the transparent and automated management of projects and funds.

Key points

Decentralized governance using tokens.

Total transparency in operations.

Autonomy through smart contracts.

Use in projects, collective investment, community management.

Sales and disadvantages

Advantages:

Democratic and open participation.
Transparency and traceability in decisions and funds.
Reduction of intermediaries and administrative costs.

Disadvantages:

Risk of bugs in contracts.
Difficulty in making decisions quickly
Technological and regulatory dependency.

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