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What is a Decentralized Autonomous Organization (DAO)?
What is a Decentralized Autonomous Organization (DAO)?
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Written by Avalanche
Updated over a week ago

A Decentralized Autonomous Organization (DAO) cooperates according to a transparent set of rules encoded on a blockchain, eliminating the need for a centralized, administrative, and potentially malicious entity. The reason some entities would want to create a DAO is to fundraise, manage financial operations, and/or decentralize governance to the community.


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