
What’s a DAO?
Well, it’s not a company, corporation, or an LLC. In fact, it’s not like any kind of business structure we’re accustomed to. As most organizations have vertical, top-down structures: CEOs, executive staff, then managers, and finally a slew of employees underneath…. DAOs, or Decentralized Autonomous Organizations, organize their power horizontally; decision-making is therefore, theoretically anyway,