DAOs are a new form of community where control lies with everyday users, not closed committees. But how do DAOs actually work? This thread explains the key insights you need to know đ
Unlike old hierarchies, DAOs put all members on the same level. Everyone has a stake in the project's success. No individuals or small groups have outsized influence. The blockchain also enables automation through smart contracts. Once conditions are met, transactions happen⊠https://t.co/AirF5KldB5
