What Are DAOs?
DAOs are a new path that creates an effective & safe space for all like-minded people around the world to work together.
DAO - Decentralized Autonomous Organization
A DAO is a community-led entity that is completely autonomous & transparent with the presence of no central authority.
In DAO, the smart contracts lay the foundational rules, execute based on the decisions, and at any point, voting, proposals & code can be publicly audited. In turn, a DAO is wholly governed by individuals who make critical decisions about the future of the projects which includes upgrades along with treasury allocations.