Introduction DAO is one of the key components in the world of Web 3.0, which fills an important need - decentralization. In today's article, we will understand what it is, how it works, and look at important DAO statistics. What is DAO? A Decentralized Autonomous Organization (DAO) is a specific form of legal structure that does not have a central governing body, whose members have a common goal and act in the best interests of the organization. How does DAO work in crypto? DAO gained th...