What Contains a Decentralized Autonomous Organization (DAO)?
                                
                                
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                                    5 min read                                
                            
                                In 2016, the initial DAOs were launched, creating a new type of organization that operates without central leadership. A DAO, or Decentralized Autonomous Organization, contains a core technical framework built on blockchain, consisting of smart contracts, governance mechanisms, a treasury, and an engaged community.