Decentralized autonomous organizations basically refer to groups centered on a specific mission that work in coordination according to a shared set of rules encoded on a Blockchain. The transparency level is higher as anyone could easily view all the actions and funding for DAOs. Decentralized autonomous organizations leverage the functionalities of Blockchain for offering self-enforcing protocols or rules. The smart contracts of the Blockchain take care of storing the rules, and the native tokens of the network help in securing the network and voting on the rules. To know more about how DAO Blockchain works, feel free to visit https://www.antiersolutions.com/dao-blockchain-development/
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