What's DAO
Blog iconLeoLiang
Aug 4
The DAO (stylized Đ) was a digital decentralized autonomous organization[5] and a form of investor-directed venture capital fund. After launching in April 2016 via a token sale, it became one of the largest crowdfunding campaigns in history. The DAO had an objective to provide a new decentralized business model for organizing both commercial and non-profit enterprises. It was instantiated on the Ethereum blockchain and had no conventional management structure or board of directors. The code o...

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