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Blockchain newbie here. While I somewhat understand what a DAO is, can someone explain what is the DAO? What are its objectives?
by pantulis 10y ago
Blockchain newbie here. While I somewhat understand what a DAO is, can someone explain what is the DAO? What are its objectives?
- sidereal1 10y agoThe objective is to create a decentralized fund/holding company. Thousands of people put money into a pot and then vote on what that money should be invested on. I view it as more of an experiment with new tech rather than an actual plan to run a successful business, however there is an absurd amount of money on the line.