The Benefits of DAOs

· What is a DAO?

The advantages of DAOs are numerous. They offer enhanced transparency, as all transactions and decisions are recorded on a blockchain, accessible to anyone. This transparency builds trust among participants and ensures accountability. Furthermore, DAOs can operate 24/7 without the need for traditional management, reducing overhead costs while increasing efficiency. They also empower users by giving them a direct stake in the organization, enhancing engagement and loyalty among community members.