A Decentralized Autonomous Organization or DAO is a transparent and autonomous community led entity without any central authority. This means that a DAO is governed by all the members of a project equally and all critical decisions are taken collectively by them.

A DAO can be created by numerous crypto wallets that are controlled by either organizations or individuals. All the moments are executed voa code allows the management of assets and votes without having to undergo traditional banking and legal formalities.

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