What are DAO?
DAO means Decentralized Autonomous Organization. A DAO is a Smart Contract, or a set of Smart Contracts (computerized, autonomous, tamper-proof programmes) that evolve on a Blockchain. To illustrate this simply, we need to look at how a so-called ‘Stock’ Company works which is centralized, because yes DAO are modeled on the same principle, but make some big changes which are […]