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Exploring Decentralized Autonomous Organizations (DAOs)
This chapter dives into the historical emergence and operational mechanisms of Decentralized Autonomous Organizations (DAOs), particularly within the Ethereum ecosystem. It examines the evolution of DAOs from their early models to their current application in DeFi, highlighting notable examples and the challenges they face, including legal recognition. The discussion emphasizes the innovative governance structures and community engagement within DAOs, contrasting them with traditional corporate frameworks.