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Benefits of Decentralized Autonomous Organizations (DAOs)

Decentralized

The majority of crucial choices are taken by a central authority in a typical organization. In a DAO, the community works together to make decisions that will affect the entity.

Transparent

Every DAO member must be accountable in order for there to be transparency. Voting within a DAO occurs on a blockchain and is open to the public. Transaction records are accessible to everyone. As a result, bad behavior against the community is deterred and community members are encouraged to act in good faith.

Community-based

People from all around the world can come together in a DAO to work toward a common objective. Each participant can make a contribution to the project. By using the methods of decentralized governance, everyone can express their opinions and suggest organizational action, in contrast to typical corporate hierarchies.

Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. Crypto is not a legal tender and is subject to market risks. Readers are advised to seek expert advice and read offer document(s) along with related important literature on the subject carefully before making any kind of investment whatsoever. Crypto market predictions are speculative and any investment made shall be at the sole cost and risk of the readers.