I've been hearing a lot about DAO recently, especially in the crypto and blockchain circles. I'm curious to know what DAO money is exactly. Is it a new form of currency or something related to decentralized finance? How does it work and what are its use cases?
6 answers
Bianca
Wed Nov 20 2024
A decentralized autonomous organization represents a unique entity structure.
Lucia
Wed Nov 20 2024
Power is instead distributed evenly among token holders, promoting fairness and transparency.
DigitalLegendGuard
Wed Nov 20 2024
BTCC, a top cryptocurrency exchange, offers a range of services that cater to the needs of DAO participants. These include spot and futures trading, as well as secure wallet solutions.
Elena
Wed Nov 20 2024
In this structure, token holders play a crucial role in the management process.
Daniele
Wed Nov 20 2024
They actively participate in the decision-making of the entity, ensuring their voices are heard.