coingecko (thumbnail mini)
Continue in app
Track prices in real-time
Open App
coingecko (thumbnail mini)
Continue in app
Track prices in real-time
Open App
EN
Language
Subscribe
CoinGecko Logo
CoinGecko Logo (White)
Search
CoinGecko Logo
CoinGecko Logo (White)
coingecko candy jar
Portfolio
Portfolio New Beam (beta) Price Alert Login and Security Developer's Dashboard Subscription Sign Out
Login Sign Up
Search
HomeGlossaryDecentralized Autonomous Organization (DAO)

Decentralized Autonomous Organization (DAO)

By CoinGecko | Updated on Mar 03, 2020
Open source and decentralized systems that do not require centralized operators or controllers. A decentralized autonomous organization can vote on various aspects of a system without the need of central controller. Members of a decentralized autonomous organization are typically made up of token holders whose voting strength are proportional to their holdings relative to the whole ecosystem.

Share this with a friend!

Related Terms

Burned Tokens
Tokens which have been sent to addresses whose private key are not known, effectively becoming unusable.
Impermanent Loss
Temporary loss of funds due to volatility leading to divergence in price between token pairs provided by liquidity providers.
Hybrid PoW/PoS
It is the allowance for both Proof-of-Stake and Proof-of-Work distribution consensus to work on the same network.
Hard cap
The maximum amount that an ICO will be raising.
Hungry for more knowledge?
Back to Glossary or Subscribe to our newsletter.