Difference between revisions of "Decentralized Autonomous Organization (DAO)"

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(External Links: Public Market Medium Blog)
(External Links: Triple C)
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* '''Public Market Medium Blog''' : [https://medium.com/public-market/the-future-of-network-effects-tokenization-and-the-end-of-extraction-a0f895639ffb The Future Of Network Effects: Tokenization and the End of Extraction] ''Written by KJ Erickson, published in 7/17/2018''
 
* '''Public Market Medium Blog''' : [https://medium.com/public-market/the-future-of-network-effects-tokenization-and-the-end-of-extraction-a0f895639ffb The Future Of Network Effects: Tokenization and the End of Extraction] ''Written by KJ Erickson, published in 7/17/2018''
 
* '''Coinfox''' : [http://www.coinfox.info/news/reviews/5987-why-steemit-did-not-become-the-dao-2 Why Steemit did not become The DAO 2] ''Written by Diana Bogdan, published in 7/23/2016''
 
* '''Coinfox''' : [http://www.coinfox.info/news/reviews/5987-why-steemit-did-not-become-the-dao-2 Why Steemit did not become The DAO 2] ''Written by Diana Bogdan, published in 7/23/2016''
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* '''Triple C''' : [https://www.triple-c.at/index.php/tripleC/article/view/692 The Real World of the Decentralized Autonomous Society] ''Written by J.Z. Garrod, published in 2/17/2016''
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Revision as of 11:51, 30 October 2019

A decentralized autonomous organization (DAO) is an organization that is governed by rules encoded as computer programs called smart contracts maintained on a blockchain. It eliminates the need for documents and people in governing.

Some DAOs have already been launched on the Ethereum platform. In particular, “The DAO” is the name of a DAO launched by the team behind Slock.it startup and failed due to a smart contract attack.

Dan Larimer is attributed with inventing a similar concept of decentralized autonomous corporation (DAC).

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