Decentralized Autonomous Organizations – Overview

This is the concluding chapter of this book and is where we will learn about decentralized autonomous organizations (DAOs), digital organizations that operate autonomously through smart contracts on a blockchain network. This is only an introductory chapter to DAOs, so we will only touch upon some of the very basics. We will learn about DAOs, how they function, and what impact they may have in the future.

DAOs represent a new paradigm in organizational structure, where digital entities operate autonomously via smart contracts on a blockchain network.

While scratching the surface of DAOs, we’ll offer a glimpse into their fundamental concepts and functionalities. While we’ll cover only the basics, you’ll gain valuable insights into how DAOs work and the potential they hold for shaping our future.

As we explore this topic, consider it not as an endpoint but as a beginning – an invitation to dive...