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How Does a DAO Work?

Can you picture companies that could one day run without human intervention? Decentralized autonomous organizations (DAOs) are just like traditional organizations, except they run autonomously or nearly autonomously. Much like traditional companies, DAOs have stakeholders who vote on changes, and influence its strategic decisions and direction.

Just like pretty much everything else connected to crypto, DAOs are an extremely new and revolutionary technology. This video of Ask Luno explains how they work, DAO governance processes, and tokens.