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Stakeholders can vote on adding privacy policyterms of or ousting a member, to and resources of many towards. No hierarchy : There's often.

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What is DAO? - Learn Blockchain Terms - Blockchain Glossary - Blockchain Dictionary
Decentralized autonomous organizations (DAOs) are kind of like clubs for crypto enthusiasts, only they typically operate under a shared goal. A decentralized autonomous organization (DAO) is a system developed to distribute decision-making, management, and entity ownership. A DAO is an entity designed to be fully autonomous and operable without a central point of control � A DAO is commonly defined by these five characteristics.