Good Morning Everyone

Crypto Learning Series — Day 35

What Is a DAO, and Can a Community Really Govern a Crypto Project?

Imagine a crypto project where important decisions aren’t made only by a CEO or a small group of executives

Instead, community members can participate in decisions through a shared governance process

This is the idea behind a DAO

DAO stands for Decentralized Autonomous Organization

It is an organization that uses blockchain technology, smart contracts, and community governance mechanisms to coordinate decisions and activities

Let’s understand how it works

1. How Does a DAO Work?

A DAO may allow eligible members to propose and vote on decisions such as:

– How treasury funds should be used
– Which features…