Decentralized Autonomous Organization: Difference between revisions
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A Decentralized Autonomous Organization is a type of [[Autonomous Organisations|autonomous organisation]]. | [[File:Explain DAO.png|alt=DAO|center]] | ||
'''A Decentralized Autonomous Organization is a type of [[Autonomous Organisations|autonomous organisation]] constructed by rules encoded as a computer program that is often transparent, controlled by the organization's members and not influenced by a central government.''' In general terms, DAOs are member-owned communities without centralized leadership. | |||
As of yet there is no officially recognised DAO which has led to the recognition of [[Decentralized Semi Autonomous Organization|Decentralized Semi-Autonomous Organizations]]. | |||
Latest revision as of 00:36, 30 November 2022
A Decentralized Autonomous Organization is a type of autonomous organisation constructed by rules encoded as a computer program that is often transparent, controlled by the organization's members and not influenced by a central government. In general terms, DAOs are member-owned communities without centralized leadership.
As of yet there is no officially recognised DAO which has led to the recognition of Decentralized Semi-Autonomous Organizations.