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Top DAO tokens by market capitalization

DAO contains 162 coins with a total market capitalization of $27.55B and an average price change of +3.05%. They are listed in size by market capitalization.

Decentralized Autonomous Organizations (DAOs) are entities built atop blockchain technology, operating self-sufficiently with predefined rules set by members. These digital organizations enable participants to collaborate in a trustless environment, underpinning their operations with transparent, open, and decentralized principles. Leveraging self-executing smart contracts, DAOs ensure transparency and autonomy in their operations.

Every member defines the DAO's modus operandi – from asset management and communication channels to voting mechanisms, governance, and project execution. An intrinsic feature is the open-access ledger, particularly for financial transactions, fostering an incorruptible ecosystem where members seamlessly cooperate. This collaborative model is becoming increasingly prominent in shaping De-Fi, Game-Fi, DApps, and other crypto or token ventures.

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NamePrice24h %
focusIcon
$14.39+14.07%
focusIcon
$7.63+6.27%
focusIcon
$1.13+2.27%
focusIcon
$447.63-0.95%
focusIcon
$2,998.17+1.39%
focusIcon
$2+2.28%
focusIcon
Aave
AaveAAVE
$87.06+3.21%
focusIcon
$3.02+7.07%
focusIcon
$0.01942-0.84%
focusIcon
$1.25+2.22%
focusIcon
$0.7020+6.88%
focusIcon
$0.4355+2.95%
focusIcon
$0.8926+6.20%
focusIcon
DeXe
DeXeDEXE
$13.04+6.71%
focusIcon
$55.36+4.05%
focusIcon
$14.09+6.54%
focusIcon
Jito
JitoJTO
$3.63+11.41%
focusIcon
$95.92+6.12%
focusIcon
$8.35+5.27%
focusIcon
Dash
DashDASH
$29.84+4.62%
focusIcon
Flux
FluxFLX
$0.9186+1.79%
focusIcon
$0.8784+3.98%
focusIcon
$0.8921+1.90%
focusIcon
$6,969.23+1.07%
focusIcon
$0.9571+3.75%
focusIcon
Audius
AudiusAUDIO
$0.1869+4.64%
focusIcon
$2.94+13.46%
focusIcon
$3.87+2.38%
focusIcon
UMA
UMAUMA
$2.7+4.67%
focusIcon
$0.08888+5.85%
focusIcon
IQ
IQIQ
$0.009098+4.28%
focusIcon
$0.005338+4.09%
focusIcon
$0.3136+4.65%
focusIcon
$0.2749+12.59%
focusIcon
$0.5921+3.53%
focusIcon
$2.01+2.66%
focusIcon
$0.8031+3.25%
focusIcon
$1.77+3.27%
focusIcon
$0.1295+7.28%
focusIcon
$48.4-1.33%
focusIcon
RARI
RARIRARI
$3.78+6.65%
focusIcon
$4.43+4.04%
focusIcon
$1.2+1.36%
focusIcon
$0.1368+6.34%
focusIcon
$4.78+14.07%
focusIcon
$2.57-12.29%
focusIcon
$0.01639+4.30%
focusIcon
$71.03-1.67%
focusIcon
$2.29+2.72%
FAQ

What is the main purpose of DAOs?

DAOs support decentralized governance and decision-making without the need for traditional centralized control or intermediaries. Through blockchain-based smart contracts, DAOs operate autonomously based on pre-set rules, allowing members to make collective decisions on the organization's direction and actions.

How are decisions made in a DAO?

Decisions in a DAO are typically made through a consensus mechanism or token-based voting. Members of the DAO hold tokens which may grant them voting rights. Proposals are submitted, and members can vote to accept or reject them. Once a proposal reaches the required number of votes or consensus, it is automatically executed through the DAO's smart contracts.

What are major types of DAO membership?

Token-based Membership: This model includes 2 main types - Governance Tokens: Members hold governance tokens that give them the right to vote on proposals or decisions within the DAO. The more tokens a member holds, the greater their voting power. These tokens can often be traded on exchanges. - Non-Fungible Tokens (NFTs): Some DAOs use NFTs to represent unique membership rights or privileges. Owning a specific NFT might grant a member special voting rights or access within the DAO. Reputation-based Membership: In this model, members earn reputation scores based on their contributions, behavior, or other criteria set by the DAO. Voting power is determined by one's reputation score, and it cannot be transferred or sold like tokens. Contribution-based Membership: Membership is granted based on a member's contributions to the DAO, whether it's in the form of work, content, research, or other valuable inputs. This model focuses on merit and active participation. Hybrid Models: Some DAOs combine elements from the above models to create a membership structure that suits their specific needs. For example, a DAO might use both token-based and reputation-based systems, where token holders can vote on certain proposals, and those with higher reputations have more influence on others.

How are DAOs different from traditional organizations?

Traditional organizations are typically hierarchical, with centralized leadership making decisions. In contrast, DAOs operate on blockchain technology, ensuring transparency, immutability, and decentralized control. Members have their direct power in the governance and actions of the DAO, allowing for a more democratic and collective approach to decision-making.

How are DAOs created?

DAOs are primarily created using blockchain platforms that support smart contract functionality, like Ethereum. A set of smart contracts, defining the DAO's governance rules and operations, is deployed on the blockchain. These rules might cover proposal submission, voting procedures, fund management, and more. Once the smart contracts are deployed, the DAO begins its operation based on those rules.

How are funds managed in a DAO?

Funds in a DAO are typically managed through smart contracts. These contracts define rules for how funds can be accessed, spent, or allocated. For instance, a proposal to spend DAO funds might require a certain percentage of member votes before the funds are released. This ensures that the DAO's assets are managed democratically and transparently.

What are the advantages of DAOs over traditional organizations?

DAOs offer several advantages, including decentralization, which reduces the risk of centralized control or malfeasance; transparency, as all transactions and decisions are recorded on a public blockchain; reduced operational costs, since many administrative functions are automated; and enhanced flexibility, allowing for global participation without the constraints of traditional organizational structures or geographical boundaries.

How do DAOs handle disputes or disagreements among members?

Dispute resolution in DAOs can vary based on the organization's specific governance rules. Some DAOs incorporate on-chain mechanisms like arbitration or mediation systems. Others might use off-chain dispute resolution methods or rely on third-party arbitration services. Additionally, some DAOs partner with decentralized "court" systems, like Aragon Court, to handle internal disputes. The key is to have a transparent and agreed-upon process that all members recognize and respect.