What are DAOs?
Think of an 'organization' that is 'decentralized' and 'autonomous' at the same time. That is what a DAO is. An organization is a very broad term itself, and thus it may not help us identify the core concepts of a DAO. But we will understand it better as we get into more details. I am doing my research as I write, therefore I may make mistakes, keep that it mind. A DAO has a purpose, and can be seen as a subreddit in some sense.
Read More