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Members can exit at any funds to a specific cause. Typically used for decentralized development and governance of protocols and dapps, but also well suited necessary expertise and capital to make informed judgments about potential grantees.
Reputation cannot be bought, transferred or delegated; DAO members must.
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DePIN Crypto Is Going To Be MASSIVE (Top Projects)A DAO (pronounced dow) is a new kind of organizational structure, built with blockchain technology, that is often described as a sort of crypto. A decentralized autonomous organization (DAO) is a management structure that uses blockchain technology to automate some aspects of voting and transaction. A decentralized autonomous organization (DAO) is a software running on a blockchain that offers users a built-in model for the collective management of its.
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