Cracking the Ari Wallet Quiz: What the Hell is a DAO (and Why Should You Care)?
Decentralized Autonomous Organizations—DAOs—are flipping traditional finance the bird. No CEOs, no boards, just code-enforced democracy. Here's how they're rewriting the rules (while Wall Street sweats).
Think of a DAO as a turbocharged investment club—if that club ran on blockchain smart contracts instead of shady handshake deals. Members vote on treasury moves, proposals get executed automatically, and not a single middleman takes a cut. Revolutionary? Absolutely. A regulatory nightmare? You bet.
Pro tip: The 'autonomous' part doesn't mean infallible. Remember the 2016 DAO hack? Exactly. But when they work, they're unstoppable—like a hedge fund that actually listens to its investors (crazy concept, right?).
