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Ep 50: What is A Decentralized Autonomous Organization (DAO)
Crowdfunding isn’t a new concept. Most have participated in or know of some of the major crowdfunding platforms like GoFundMe or Kickstarter.
But what do they have to do with DAOs?
They don’t. But DAOs are kind of like them… except on steroids. With the use of smart contracts written on blockchain technology they function with so much transparency and democracy and are a big player in the Web3 world.
In this episode, Dr. Brook breaks down the 5 characteristics of a DAO and how you can create, use, and benefit from them now and in the future.
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
Twitter: https://www.twitter.com/drbrooksheehan
Support the show
View all episodes
By Dr. Brook SheehanCrowdfunding isn’t a new concept. Most have participated in or know of some of the major crowdfunding platforms like GoFundMe or Kickstarter.
But what do they have to do with DAOs?
They don’t. But DAOs are kind of like them… except on steroids. With the use of smart contracts written on blockchain technology they function with so much transparency and democracy and are a big player in the Web3 world.
In this episode, Dr. Brook breaks down the 5 characteristics of a DAO and how you can create, use, and benefit from them now and in the future.
Free Download:
The Words of Web3 - A comprehensive glossary of terms used in the space https://mailchi.mp/9d043022b5a0/words-of-web3
Connect with me:
Instagram: https://www.instagram.com/drbrooksheehan
YouTube: https://www.youtube.com/c/DrBrookSheehan
Twitter: https://www.twitter.com/drbrooksheehan
Support the show