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Understanding DAO: A Basic Explanationby@sergey-baloyan
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Understanding DAO: A Basic Explanation

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Decentralized Autonomous Organizations are traced to blockchains technology, where a group of people (or organizations) can self-govern without external influence. The ability to self-persevere arises from the presence of the technology (smart contract) in which the organization was built. For example, the Ethereum blockchain has smart contracts where different crypto investors share the fund.

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