Questions tagged [dao]

Lucia Wed Feb 19 2025 | 7 answers 1812

I want to know the difference between a dao, which I heard is a decentralized organization, and a governance token. How do they function differently in the crypto world?

CryptoWizardry Tue Nov 26 2024 | 7 answers 2021

DAO, or Decentralized Autonomous Organization, is a term often used in the crypto world. It refers to an organization that operates autonomously and is decentralized, relying on smart contracts and blockchain technology. DAOs enable members to collectively make decisions and manage the organization through voting, without the need for a central authority. This model aims to achieve more fair, transparent, and efficient collaboration and governance.

Pietro Tue Nov 19 2024 | 7 answers 2026

I'm wondering about the future of DAO. What are the experts' predictions or general opinions on its potential growth or trends in the coming years?

Daniele Tue Nov 19 2024 | 5 answers 774

Starting a crypto DAO involves several key steps. Firstly, define the DAO's purpose, structure, and governance model. Determine the type of DAO you want to create, such as a Protocol DAO, Grant DAO, or Social DAO. Secondly, strategically consider the DAO token allocation and its utilities, which could include rewards, voting rights, or access to certain features. Finally, choose the right tools and templates to establish the DAO's legal framework and technical infrastructure.

Martina Mon Nov 18 2024 | 7 answers 1712

A DAO, or Decentralized Autonomous Organization, in crypto refers to an internet-native organization whose CORE functions are automated by smart contracts. It is owned and controlled by its members, operating without a central authority. DAOs use tokens to facilitate community governance, incentives, and funding, enabling a more democratic and transparent organizational structure within the blockchain ecosystem.