DAO as the way to govern
- smart contract
- blockchain All Things Web3
What is DAO in Web3? Is it the best way to govern the Web?
DAO is a blockchain-based system whose governance is decentralised, that is, independent from central control. DAOs can also be viewed as participatory governance structures for self-management of digital resources, where rules are mediated by software code. As such, they are a promising digital governance infrastructure for people to operationalize data trust principles