Decentralized autonomous organizations, or DAOs, have caught the imagination of many in the blockchain industry. What was once just a theory talked about on internet forums in the early days of the blockchain revolution has become a growing trend in how organizations form. Cointelegraph Research has unveiled a primer on DAOs, exploring their historical origins up through how they are currently impacting the cryptoverse.
There has been a massive spike in DAOs — or at least the modern conception of them — with over 4,000 active as of the latter half of 2022, according to data from Snapshot. Every cryptocurrency holder and investor can gain valuable insights from Cointelegraph Research’s “DAO: The Evolution of Organization” report to help understand where DAOs are in their evolution.