DAO stands for Decentralised Autonomous Organisation, a kind of business structure where control is spread out rather than hierarchical. DAOs have gained popularity in the recent past, as the idea of decentralisation is crucial to various stakeholders in the crypto and blockchain space.
It is still early days for DAOs, and while they hold a lot of promise, there are several disadvantages as well.
Watch this simple explainer video to know more.
#DAO #crypto101 #blockchain
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3 Comments
< I totally agree with what you are saying….The fact is, BTC Is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. It all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.7 BTC in just three weeks, with the trading strategy given to me by expert trader Wim Steven….
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market/crypto market has plenty of opportunities to earn a decent payout even in a downtrend, with the right skills and proper understanding of how the market works.
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