DAOs are decentralized organizations run by smart contracts.
Examples include MakerDAO and The DAO.
Members vote using governance tokens.
The DAO’s 2016 hack was a pivotal moment.
Transparency and community control stand out.
Crowdfunding, investment, and charity leverage DAOs.
Legal status and security risks persist.
Aragon and Snapshot aid DAO management.
Token-based voting varies across DAOs.
DAOs could reshape organizations globally.