$ 67,686
$ 2,197.2
$ 0.9990


A DAO, or Decentralized Autonomous Organization, is an organization represented by rules encoded as a computer program that is transparent, controlled by its members, and not influenced by a central government. It operates autonomously and its decision-making process is typically based on consensus protocols.

Key Features:

  1. Decentralization: DAOs operate on blockchain technology, which means they aren’t controlled by a single entity or centralized authority.
  2. Smart Contracts: The rules and operations of a DAO are automatically executed through smart contracts.
  3. Member Control: Members of the DAO can make decisions, propose changes, or vote on proposals based on the number of tokens they hold.
  4. Transparency: All rules, transactions, and decision-making processes are recorded on the blockchain and are publicly accessible.

Common Uses:

  1. Governance: DAOs can be used to make decisions within a decentralized community or network.
  2. Investment: Some DAOs pool resources from members to invest in projects or assets.
  3. Collaborative Work: DAOs can facilitate collaborative efforts, where members can propose projects and get rewarded based on their contributions.

Popular DAOs:

  1. The DAO: One of the first and most famous DAOs, which raised over $150 million in a 2016 crowdfunding campaign but was later hacked.
  2. MakerDAO: A decentralized credit platform that supports DAI, a stablecoin whose value is pegged to the US dollar.
  3. Aragon: A platform that allows users to create and manage their own decentralized organizations.


  1. Autonomy: DAOs operate without intermediaries, reducing the need for trust.
  2. Democratization: Every member has a say in the decision-making process based on their stake.
  3. Transparency: All transactions and decisions are recorded on the blockchain.
  4. Security: The decentralized nature and blockchain backbone make DAOs resistant to censorship and external control.


  1. Regulation: The legal status of DAOs is still unclear in many jurisdictions.
  2. Complexity: Setting up and managing a DAO requires understanding of blockchain and smart contracts.
  3. Security Concerns: As with all blockchain-based systems, there’s a risk of hacks and vulnerabilities.
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CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin67,686 0.16 % 2.66 % 3.09 %
Litecoin85.90 0.26 % 0.68 % 4.68 %
XRP0.5304 0.08 % 0.23 % 2.65 %
Ethereum2,197.2 0.23 % 0.67 % 2.46 %
Dogecoin0.1548 0.37 % 0.09 % 7.69 %
Solana169.48 1.29 % 4.89 % 4.48 %
USDC1.000 0.10 % 0.02 % 0.08 %
Cardano0.2543 0.15 % 1.68 % 3.38 %
Tether0.9990 0.10 % 0.04 % 0.02 %
Binance Coin (Wormhole)222.47 0.38 % 4.71 % 3.08 %