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Podcast: Investor Connect Podcast
Episode: Startup Funding Espresso – Background of DAOs
Description: Background of DAOs Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. DAOs or Distributed Autonomous Organizations define the rules for coordinating a group of people in pursuit of a common goal. Consider a group of people coming together with the goal of reducing pollution in their local area. A DAO focuses and coordinates their efforts. It provides a governance framework for how decisions will be made and by whom. Software is used to track the rules, the members, and their contributions. This provides transparency to all the members...