[REQ_ERR: 404] [KTrafficClient] Something is wrong. Enable debug mode to see the reason. What is a DAO (Decentralised Autonomous Organisation), and how does it work? - elmwoodparkregionalchamber.org

What is a DAO (Decentralised Autonomous Organisation), and how does it work?


Decentralisation is one of the central principles of #bitcoin and a key factor in its popularity. It removes the middlemen and brings us one step closer to the future. But how can decentralised systems change the world? With DAOs or Decentralised Autonomous Organisations, smart contracts can do things which were once only possible in science fiction.

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Can you picture what a DAO looks like? What projects are you excited about? Let us know in the comments below πŸš€

0:00 What is a DAO?
0:15 DAO definition
0:45 DAO ethereum
1:16 DAO crypto
1:50 How does a DAO work?
2:22 DAO stakeholders

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