Hacker Noon January 18, 2022
Decentralized Autonomous Organizations (DAOs) aren’t quite as popular as some other concepts in the blockchain sphere. But, it appears that the guard might be changing and DAOs are about to take over.
With the year now getting into full swing, investors are definitely looking for the next big trend. Could it be that we are in the age of DAO?
Understanding the Concept of DAOs
To be fair, DAOs are still a very new concept for companies. Essentially, a DAO is a company that runs on its own.
Humans can manage some parts of it and ensure that it runs as it should, but the company itself operates autonomously.
Today, most DAOs run on the blockchain. They are...
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