What is a DAO (Decentralized Autonomous Organization)?
Our synopsis:
Most of you who have dealt with crypto for more than three years are likely to know of the organization named "The Dao," which became famous for the wrong reasons then. 'The Dao' was a decentralized autonomous organization and it was named using the acronym for the decentralized autonomous organization.
Since, then, other decentralized autonomous organizations such as the MakerDao and Uniswap have come into existence.
The article being shared in the link below is among the simplest explanation of a DAO we have come across for beginners to understand it easily. Happy reading!
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