Decentralised Autonomous Organization. A business model that operates on a series of set parameters, built into the company from inception allowing the company to operate with optional intervention from its creators, but is otherwise self-sufficient and revenue generating in its intended economic climate.<\/p>\n","protected":false},"excerpt":{"rendered":"
Decentralised Autonomous Organization. A business model that operates on a series of set parameters, built into the company from inception allowing the company to operate with optional intervention from its creators, but is otherwise self-sufficient and revenue generating in its intended economic climate.<\/p>\n","protected":false},"author":76,"featured_media":0,"comment_status":"open","ping_status":"open","template":"","format":"standard","meta":{"_cryptoslate_glossary_part_of_speech":"acronym","_cryptoslate_glossary_phonetic_spelling":"dow","_cryptoslate_glossary_example_sentences":["The DAO used token-based voting to decide how treasury funds should be spent.","Members submitted a proposal for the DAO to support a new development grant.","A smart contract enforced the DAO\u2019s approved governance rules.","Participation in the DAO was open to holders who met the voting requirements.","The DAO delegated routine operations while reserving major decisions for community votes."]},"glossary_topic":[83436,83440],"acf":[],"yoast_head":"\n