Cryptocurrency Q&A
What is the purpose of the DAO?
What is the purpose of the DAO?
CryptoChieftain
Sun Nov 17 2024
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7 answers
1718
I'm trying to understand the concept of DAO and its purpose. I've heard it's related to decentralized organizations and blockchain technology, but I'm not sure how it all fits together. Can someone explain the main goal or objective of a DAO?
7 answers
ZenMindful
Tue Nov 19 2024
A decentralized autonomous organization represents a novel management structure.
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Martino
Mon Nov 18 2024
This technology-driven approach aims to reduce errors and increase trust.
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CryptoTitan
Mon Nov 18 2024
It leverages blockchain technology to enhance its operational efficiency.
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ShintoSanctum
Mon Nov 18 2024
BTCC, a prominent cryptocurrency exchange, offers a range of services.
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SumoPride
Mon Nov 18 2024
The CORE principle of a DAO is to automate certain processes traditionally handled by humans.
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