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What is the role of a decentralized autonomous organization in Web3?

Published 02/26/2022, 11:00 AM
Updated 02/26/2022, 12:40 PM

Given the unconventional administrative structure of a DAO, it’s more likely that new startups will adopt it than existing companies, which would have to spend enormous resources and funds to make the transition.

The simple, secure and transparent way to raise investments through the funds pooling DAO mechanism gives investors the chance to support early-stage decentralized startup projects while sharing risks and profits collectively.

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