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Understanding the Power of DAOs: What They Can Achieve and Why
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Shanya Jalan / 12 months
- 0
- 4 min read
Introduction In a groundbreaking real estate deal in November 2021, a group of roughly 6,000 individuals joined forces online, using platforms like Discord, to acquire 40 acres of land in Wyoming. This transaction, devoid of a centralized governing body, operates through collective voting but without human intervention, epitomizing the essence of Decentralized Autonomous Organizations (DAOs). […]
