A decentralized autonomous organization, or a DAO for short, is a new type ofway to run organizations or institutions that enable individuals to work together for a specific cause in transparent, fair and honest ways.
DAOs are great ways to safely contribute to specific causes with peers, who you may or may not know, around the world. On top of being great ways to collaborate with strangers, DAOs are also safe places to commit funds to a specific cause no matter what that might be.