What does DAO coin mean (DAO coin listing platform)

What does DAO coin mean? DAO coin is a blockchain network consisting of decentr

What does DAO coin mean (DAO coin listing platform)

What does DAO coin mean? DAO coin is a blockchain network consisting of decentralized autonomous organizations or companies. It is a digital currency and an encrypted asset (Dai) based on smart contracts. Its main uses include providing financial support for member companies, managing risks and obtaining tax benefits, and investing in governance mechanisms, among others. It helps members grow and develop in the ecosystem, as well as improve their reputation and participation.

According to the introduction, DAO coin can be used as an incentive measure to promote project development and operations.

DAO coin listing platform

According to official news, the DAO coin listing platform will officially open for voting on January 13, 2020.

It is reported that DAO is a network system based on blockchain technology and the value exchange, interconnectedness, and shared win-win of digital assets. By building a global community consensus system and constructing an open, transparent, and distributed capital ecosystem, it aims to create a professional blockchain industry consulting and service company based on strong investment institutions. It facilitates investment incubation and project implementation for project parties, motivating investors to participate in project development and contribute to the development of the blockchain industry.

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