Glossary term
DAO
Decentralised Autonomous Organization. A business model that operates on a series of set parameters, built into the company from inception allowing the company to operate with optional intervention…
Definition
Understand the fundamentals, context, and nuances behind this term.
Decentralised Autonomous Organization. A business model that operates on a series of set parameters, built into the company from inception allowing the company to operate with optional intervention from its creators, but is otherwise self-sufficient and revenue generating in its intended economic climate.