The Future

 

DAO, or the decentralized autonomous organization, is the buzzword today. With the evolution and technological advancement, human civilization is making new strides. The advent of the internet has already brought about a few changes in the way, we do business or lead our lives. You can brace for another one today. There is a new transformation peeking at all of us, and DAO it seems is the answer to it all.

You will come across several DAOs or decentralized autonomous organizations. These are owned by people or conglomerates who effectively own a huge chunk of their cryptocurrencies. Take the example of the $FWB, which comes from a very popular DAO, called Friends with Benefits. People can trade, buy, or sell with it. DAOs are hailed as the leader of change moving forward.

More On the Decentralized Autonomous Organization

A DAO is mainly represented by various protocols, which can be publicly viewed as a transparent computer program. No single entity or the government can dictate its terms. These can change the way we all work. You should read about some of the changes that are forthcoming. Read More...