The future of DAO

Decentralized autonomous organizations have received attention in the past few years and are now fully integrated into many blockchain projects. For example, the field of decentralized finance (DeFi) uses DAO to make applications completely decentralized.

DAO represents a revolutionary financial technology driven by Ethereum.

In the second quarter of this year, as the new coordination mechanism handles financial decisions as a whole, we witnessed a thriving DAO ecosystem. From fundraising to deploying funds, the diversity of DAO use cases this year is impressive, and this burst of ingenuity continues to this day.