What is a dao & how does it work?

A DAO is a decentralized autonomous organization, a type of bottom-up entity structure with no central authority. Members of a DAO own tokens of the DAO, and members can vote on initiatives for the entity. Smart contracts are implemented for the DAO, and the code governing the DAO's operations is publicly disclosed. What Is the Purpose of a DAO?

What is a decentralized autonomous organization (DAO)?

A decentralized autonomous organization (DAO) is an emerging form of legal structure that has no central governing body and whose members share a common goal to act in the best interest of the entity. Popularized through cryptocurrency enthusiasts and blockchain technology, DAOs are used to make decisions in a bottom-up management approach.

What is H2O Dao?

Established by community members on their own initiative to help others enjoy industry development dividends, spread the spirit of decentralization, and shape brand value while helping the growth of the blockchain space. The live H2O DAO price today is $0.104019 USD with a 24-hour trading volume of $235,783 USD.

What is diamine oxidase (DAO)?

Diamine oxidase (DAO) is a digestive enzyme produced in your kidneys, thymus, and the intestinal lining of your digestive tract. Its primary function is to break down excess histamine in your body ( 1 ). Histamine is a naturally occurring compound that helps regulate specific functions of your digestive, nervous, and immune systems.