DAO Archive

The rise of cryptocurrency has had a significant impact on the traditional banking industry. Over 425 million cryptocurrency users worldwide invest and utilize cryptocurrencies such as Bitcoin, Ethereum, and Ripple which have gained popularity as a decentralized and secure form of digital currency. As a result, many banks are now exploring ways to integrate cryptocurrencies

The rise of DeFi has led to the creation of DAOs that govern decentralized financial protocols, such as lending platforms, decentralized exchanges, and liquidity pools. Decentralized Autonomous Organizations (DAOs) in blockchain technology have been a significant development in the crypto space.  What is DAO? DAOs operate without centralized control and are governed by smart contracts

DAOs are the most complex entities in the blockchain ecosystem that work based on smart contracts, for commoners it’s just another blockchain buzzword. But hey, here we are to give the concept of DAO in simple language.  Principle Behind DAO An organization that operates by itself, without any human intervention?! You may think what kind

In the evolution of web3 services, DAOs embody the true spirit of decentralization through the use of smart contracts. Unlike traditional governance systems where decision making takes place at the top of the management, DAO uses smart contracts to make decisions based on the members’ votes. In DAOs, the members hold the power to the