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Crypto Basics: What are DAOs? episode artwork

Jul 26, 2022 18 min

Crypto Basics: What are DAOs?

from Block Party Hosted by Blockchain.com

As part of our Crypto Basics mini-series, today we’re discussing DAOs. A Decentralized Autonomous Organization, otherwise known as a DAO, offers a new and flexible approach to how we structure organizations. With multiple use cases, a DAO can be as simple as a group of friends saving up funds for a holiday or a decentralized group of lawyers building legal contracts. By the end of this episode, you’ll know: How exactly DAOs work? Why we should be paying attention to DAOs? What are some risks and challenges that DAOs face? Start your crypto journey with Blockchain.com today. Sign up for a Wallet: https://bit.ly/3k4Fr5B Trade on the Exchange: https://bit.ly/3pODxtg

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