Cryptocurrency Q&A Is FTX a DAO?

Is FTX a DAO?

GeishaCharm GeishaCharm Mon Sep 23 2024 | 0 answers 0
Excuse me, but could you please clarify if FTX is a Decentralized Autonomous Organization, or DAO? I'm a bit confused as I've heard FTX being referred to as a centralized cryptocurrency exchange, and I'm not sure how it could align with the decentralized nature of a DAO. If FTX is indeed a DAO, could you elaborate on how its governance structure and decision-making processes differ from traditional centralized exchanges? Thank you in advance for shedding some light on this matter. Is FTX a DAO?

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