TLDR
A Decentralized Autonomous Organization (DAO) is a group or community built around a certain mission(s) and is coordinated through a shared set of rules that are enforced on the blockchain. DAOs are more transparent than traditional organizations since all the actions can be seen and verified on the former. There are more than 100 DAOs today that manage assets worth over $10 billion. DAO operating systems exist to make it easy for non-techies to create and launch DAOs.via the TL;DR App
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Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
