---
title: "decentralized-autonomous-organization"
aliases: DAO
tags: 

---

In general terms, DAOs are member-owned communities without centralized leadership. A commitment to share value with a community.

they seek to 
- provide members with a voice through governance
- flatten hirarchy and create fluid workstreams
- allocate reources to achieve a core mission


A Telegram group with 10 members and 1 ETH is a DAO.

A DeFi protocol with $1B+ of assets governed on-chain by 10,000+ token holders is a DAO.

E.g., [The DAO](https://en.wikipedia.org/wiki/The_DAO_(organization))

# Social DAOs


# My opinions
sounds like extreme democracy basically

# Sources
- https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw