What is a DAO?

  • No hierarchy: there is no hierarchical management. Stakeholders generally make decisions without leaders or managers.
  • Transparency: the code is open, which means that anyone can see it. On the blockchain, anyone can see the history to observe how decisions were made.
  • Open access: anyone with internet access can have DAO tokens, having decision-making power over the project.
  • Democratic Changes: Investors can change the rules of a DAO by voting on new proposals.
  • Recruitment: a DAO could even theoretically hire outside talent, since there are still tasks that only humans can do.



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