<aside> 🤝 Decentralized autonomous organizations (DAOs) are member-owned communities without centralized leadership.

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They're a safe way to collaborate with internet strangers and a safe place to commit funds to a specific cause.

Think of them like an internet-native business that's collectively owned and managed by its members. They have built-in treasuries that no one has the authority to access without the approval of the group. Decisions are governed by proposals and voting to ensure everyone in the organization has a voice.

Read more: https://ethereum.org/en/dao/