Cryptocurrency Q&A What is DAO used for?

What is DAO used for?

BonsaiVitality BonsaiVitality Fri Aug 23 2024 | 5 answers 787
I'm curious to know, can you elaborate on the various uses of a Decentralized Autonomous Organization, or DAO? How are they Leveraged in the realm of cryptocurrency and finance, and what kind of functions or purposes do they typically serve? Are they primarily utilized for funding, decision-making, or do they encompass a broader spectrum of applications? What is DAO used for?

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