decentralized systems Archive

What is DAO Governance? What are the types of DAO Governance Models?
April 25, 2023
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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