What is a DAO?

DAOs (Decentralized Autonomous Organizations) are member-owned communities without centralized leadership, where governance and decision-making authority are distributed among token holders who collectively determine the organization's future through transparent voting processes.

Operating through smart contracts on blockchain networks, DAOs establish clear rules for governance that are automatically enforced, creating systems where proposals, voting, and implementation occur transparently and cannot be altered by any single entity.

This revolutionary organizational structure eliminates traditional hierarchies and bureaucracy, enabling global collaboration where participants can contribute regardless of location, background, or status, fostering truly inclusive communities.

DAOs are transforming industries by introducing new models for funding, governance, and collaboration, from investment collectives and grant programs to protocol governance and creative projects, all operating with unprecedented transparency.

As they evolve, DAOs are pioneering new forms of human coordination that balance individual agency with collective decision-making, potentially reshaping how we organize economically and socially in the digital age.