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What Is a DAO and How Does It Make Money
Blockchain

What Is a DAO and How Does It Make Money?

Imagine that you and your partners come up with an excellent business idea. After drafting a thorough plan, all you need is the money to execute it. For that, you can set up a decentralized autonomous organization, or DAO. To join the organization, people buy tokens, gaining part ownership of your company while investing in it.