What was the Dao and how did it work?

The DAO was an organization that was designed to be automated and decentralized. It acted as a form of venture capital fund, based on open-source code and without a typical management structure or board of directors. In order to be fully decentralized, the DAO was unaffiliated with any particular nation state,...

What is $peacedao?

PeaceDAO connects peace lovers around the world. Every member who holds a $PEACE and a Peace Pigeon NFT is a force for peace, which builds up into an ocean to promote world peace, stability and development. Jacinta Mwende Maweu is a PhD in political science on peace studies, born in Kenya and a graduate of Columbia University.

What is a decentralized autonomous organization (DAO)?

A decentralized autonomous organization (DAO) is an emerging form of legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up management approach.

What are the characteristics of a dao?

A DAO is commonly defined by these five characteristics: flat organisation, transparency, open access, democracy, and decentralisation The rules of a DAO are established by a core team of committee members and executed through smart contracts To obtain voting power or membership in a DAO, users are typically required to own its governance token