Exploring the benefits of a decentralized autonomous organization (DAO)? Looking for real business applications you can model?
In this article, you’ll discover how and why to use DAOs to build a variety of Web3-based entities.
What Is a DAO?
DAOs are an evolving form of community that integrates with Web3.
Typically, DAOs serve as a central gathering point for like-minded people to come together to determine the course of a project, pool and spend money, or achieve a common goal.
A major distinction that differentiates DAOs