Decentralized Autonomous Organization (DAO)
DeFiA Decentralized Autonomous Organization (DAO) is a group that runs on the internet without a central leader. Decisions are made by its members using smart contracts, which are self-executing agreements coded on a blockchain.
- Definition
- A Decentralized Autonomous Organization (DAO) is a group that runs on the internet without a central leader. Decisions are made by its members using smart contracts, which are self-executing agreements coded on a blockchain.
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