DAO (Decentralized Autonomous Organization)
A Decentralized Autonomous Organization run by smart-contract rules and member voting rather than a central executive, often managing a shared treasury.
- glossary
A DAO (Decentralized Autonomous Organization) is an organization governed by smart contracts and community voting rather than traditional hierarchical management. DAOs allow members to collectively make decisions about treasury management, protocol upgrades, and strategic direction through token-based voting mechanisms. In the context of domains, DAOs can collectively own and manage valuable domain portfolios, make decisions about domain development or monetization, and govern domain-related protocols. Tokenized domains can be owned by DAOs, enabling communities to collectively invest in, develop, and benefit from high-value digital real estate while maintaining transparent, decentralized governance over these assets.
Related keywords
- DAO
- decentralized autonomous organization
- governance
- collective ownership
- smart contracts