Decentralized Autonomous Organization (DAO)

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A Decentralized Autonomous Organization (DAO) is a member-owned organization that is run by smart contracts and governed by its token-holding community.

Some popular DAOs include:

MakerDAO

Olympus DAO

Nouns DAO

References

https://fintechmagazine.com/financial-services-finserv/140-blockchain-and-crypto-words-ultimate-z-glossary