Let's talk about Dao's
I started diving into Dao's. I kept hearing the term, but never took the time to find out what they were exactly. Finally, I have learned what they are. Dao's are:
- a community
- makes decisions as a collective
- community-driven
There are various Dao's:
Protocol Dao- this is a framework for a network to issue tokens that is community-based.
Investment Dao- allowing members to raise capital in the early stages.
Social Dao's- it's about meeting people with the same interest.
Collector Dao- is similar to NFT'S.
Service Dao's- is about the future of work and employment with crypto.
Operating system Dao- less tech-savvy people can start a Dao.
Grant Dao- community-based funds that get allocated to various projects.
Media Dao- is about awareness and the news.
I would like to give credit to Coopahtroopa here is the article where I obtained this information here
This is a very good article that goes into great detail about Dao's.