Envision

A DAO is a blockchain-powered organization that is self-sustaining due to <a href="https://coingape.com/glossary/smart-contract/">smart contracts</a>. A decentralized application (DAO) aims to be truly decentralized in its operations, even though human intervention may occur to some extent. Although DAOs are relatively new, they have the potential to impact not only organizations across various industries and fields but also the DeFi space. 
Envision a company in which every significant decision is decided by a diverse community of stakeholders, not just a small group of people at the top. <a href="https://coingape.com/blog/what-is-a-decentralized-autonomous-organization/">Decentralized Autonomous Organizations or DAOs</a> , is a fascinating world. Infrastructure for DAOs becomes more sophisticated, and previously disregarded financial stakeholders pursue more stringent governance standards. 
The post <a rel="nofollow" href="https://coingape.com/dao-projects/">9 Best DAO Projects To Invest in 2024</a> appeared first on <a rel="nofollow" href="https://coingape.com">CoinGape</a>.

9 Best DAO Projects To Invest in 2024

Coingape News Media

Other articles published on Nov 14, 2023

Top 3 Cryptocurrencies To Watch This Week

FTX token rises sharply on hopes of exchange’s rebirth

Crypto.com launches binary option-like crypto product

MOON Token Price Surges as Reddit Moderators Rally to Revive the Community

Tower battery thief sentenced to 10 years imprisonment in South Africa 6 years after arrest

Coinbase’s international expansion head to leave in 2024

Join our free newsletter for daily crypto updates!