What You Need to Know About Decentralized Autonomous Organization (DAOs)

Blockchain and cryptocurrencies, including but not limited to Bitcoin, NFTs, and DeFi, have been at the forefront of our vocabulary recently. One of the newer concepts that have emerged from Blockchain
technology, in recent time, is the decentralized autonomous organization or DAO. At the convergence of Web3 and NFTs lie several platforms attempting to leverage technology and infrastructure to revise the
legitimacy of governance, making the ecosystem more decentralized, structured, and community-driven. DAOs are new, but their potential is unlimited; DAOs are transforming traditional organizations in several
sectors.

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