#blockchain #web3 A Decentralized Autonomous Organization (DAO) is essentially an internet-native company with no central leadership. It's governed by a set of rules encoded on a blockchain, and decisions are made collectively by its members who typically own tokens granting them voting rights. This structure allows for greater transparency and democratization, as everyone has a say in how the organization operates and its funds are managed. Think of it like a company run by a robot programmed by a community.