Distributed Autonomous Organisation
Distributed Autonomous Corporations
“Web 3.0” was coined by the Ethereum founder as a reference to a decentralized online ecosystem Such organizations are called DAO or DAC.
This new technology has allowed the creators to use the internet without involving any centralized authoritarian position
DAO or DAC is an organization that is run through rules encoded as programs or codes called smart contracts.
A Borderless and Non-Jurisdictional Organization
An Increased Sense of Ownership for Members
Ability to Foster New Business Relationships
Early Preparation for the Future of Decentralized Organization
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