Limits of Decentralized Autonomous Organizations (DAO)
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Limits of Decentralized Autonomous Organizations (DAO)

The crypto glossary at Andreessen Horowitz [1] gives the following definition of a Decentralized Autonomous Organization, or DAO:  ‚ÄúDecentralized autonomous organizations‚ÄĚ or DAOs represent exactly what they are called; they are: (i) decentralized so, the rules cannot be changed by a single individual or centralized party; (ii) autonomous, so they operate based on logic written…