Cryptocurrency Q&A
What is the purpose of a DAO?
What is the purpose of a DAO?
Enrico
Sat Nov 16 2024
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7 answers
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I'm curious about DAOs and their functionality within the crypto and blockchain space. Specifically, I want to understand the main purpose or objectives of a DAO and how it operates.
7 answers
Silvia
Mon Nov 18 2024
Everyone involved in a DAO can propose new ideas and suggestions.
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JejuSunrise
Mon Nov 18 2024
DAOs are designed with a specific purpose in mind.
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Maria
Mon Nov 18 2024
They strive to establish a system that is both fair and transparent.
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EthereumEmpire
Mon Nov 18 2024
In a DAO, no single party holds the power to make decisions on behalf of others.
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alexander_jackson_athlete
Mon Nov 18 2024
Instead, all members have the opportunity to participate actively.
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