Thread on all WEB3KNIGHTS SERIES so far
All Educative, You'll be doing yourself a huge favor listening to the recordings. #Web3Knights - Series 1
Moderation As A Service twitter.com/i/spaces/1dRKZ…
There's been so many DAOs Coming Up lately.
In light of this, I decided to give a brief explanation on what DAOs really are.
A thread 🧵on DAOs
-Walk with me-
DAO has become a popular trend. In fact, in the past year, we have had many DAOs come
up. But what exactly are DAOs and how do they impact other narratives?
DAOs are simply Decentralized Autonomous Organizations run by a group of people with
collective interest.
On the other hand, decentralization is taken to mean that there is no central body that runs
the show in terms of funding, decision making and implementation, etc.
Well, that is the essence of a DAO or DAOs, which is why it is commonly associated with
Decentralized Finance.