# Decentralized Autonomous Organizations

By [lolkk](https://paragraph.com/@lolkk) · 2024-12-06

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DAOs are organizations represented on a blockchain, governed by smart contracts without central control. They operate through community-driven consensus.

*   **Decentralized Governance**: Decisions are made collectively by members.
    
*   **Transparent Operations**: All actions are recorded on a public ledger.
    
*   **Community Focused**: Members guide the organization's direction.
    

DAOs embody a new model of organization, leveraging blockchain for transparent and democratic governance.

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*Originally published on [lolkk](https://paragraph.com/@lolkk/decentralized-autonomous-organizations)*