Crypto Basics: What are DAOs?

<p>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.</p> <p>By the end of this episode, you’ll know:</p> <ul> <li>How exactly DAOs work?</li> <li>Why we should be paying attention to DAOs?</li> <li>What are some risks and challenges that DAOs face?</li> </ul> <p>Start your crypto journey with Blockchain.com today.</p> <p>Sign up for a Wallet: <a href="https://bit.ly/3k4Fr5B" rel="ugc noopener noreferrer" target="_blank">https://bit.ly/3k4Fr5B</a></p> <p>Trade on the Exchange: <a href="https://bit.ly/3pODxtg" rel="ugc noopener noreferrer" target="_blank">https://bit.ly/3pODxtg</a></p>