What are DAO
What is DAO? A Decentralized Independent Association (DAO) is an association where rules are encoded in a PC program and is constrained by the individuals or local area inside the DAO, as opposed to a focal body or association. The monetary exchange history of the DAO is recorded on the blockchain used to fabricate the DAO. The primary Decentralized Independent Association (DAO) to be imagined was 'the DAO' that was made in April 2016 by slock.it, a German startup, for investment financing. The narrative of 'the DAO' The DAO, which utilized the image Đ, was sent off on April 30, 2016, as a type of crowdfunding. Its primary goal was to The DAO, which utilized the image Đ, was sent off on April 30, 2016, as a type of crowdfunding. Its fundamental goal was to sort out non-benefit and business endeavors utilizing a new decentralized blockchain-based plan of action. In May 2016, the undertaking crowdfunded through a symbolic deal raising an incredible $150 million to become