DAO as the way to govern

What is DAO in Web3? Is it the best way to govern the Web?

blockchain
DAO

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Andrei16

Aug 24 2022, 13:54

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

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All Things Web3

Web3 (also known as Web 3.0) is an idea for a new iteration of the World Wide Web which incorporates concepts such as decentralization, blockchain technologies, and token-based economics.

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