A Decentralized Autonomous Organization (DAO) is a type of organization that operates using a blockchain-based smart contract, which automates the decision-making and governance processes of the organization. A DAO is decentralized, meaning that it is not controlled by any single individual or entity, but rather by the community of stakeholders who hold voting power in the organization.
Here are three sources for further reading on DAOs:
“What is a DAO?” by ConsenSys: This article provides a thorough introduction to DAOs, covering their history, how they work, and their potential uses. It also provides several real-world examples of DAOs and links to additional resources for further reading.
“The DAO, Ethereum, and the Rise of the Autonomous Corporation” by CoinDesk: This article provides an in-depth look at the history of the DAO, including its infamous hack in 2016. It also explores the broader implications of DAOs for the future of corporate governance.
“A Beginner’s Guide to DAOs” by Decrypt: This article provides a beginner-friendly introduction to DAOs, covering what they are, how they work, and what their potential benefits and drawbacks are. It also provides several examples of real-world DAOs.