DAO (noun)
/deɪ.oʊ/
A Decentralized Autonomous Organization.
One of humanity's more elegant inventions.
An organization that belongs to its participants, not its executives. Governed by transparent code instead of closed doors, and shaped by the people who contribute rather than a handful who command.
A DAO is what happens when trust is replaced with verification, ownership replaces permission, and anyone, anywhere, can help build the future.
The internet gave us global communication. DAOs are giving us global coordination.
Welcome to organizations without borders.
#DAO #HitchHikersGuideToTheGalaxy
/deɪ.oʊ/
A Decentralized Autonomous Organization.
One of humanity's more elegant inventions.
An organization that belongs to its participants, not its executives. Governed by transparent code instead of closed doors, and shaped by the people who contribute rather than a handful who command.
A DAO is what happens when trust is replaced with verification, ownership replaces permission, and anyone, anywhere, can help build the future.
The internet gave us global communication. DAOs are giving us global coordination.
Welcome to organizations without borders.
#DAO #HitchHikersGuideToTheGalaxy