With the word of web3 moving so fast, new models and practices for ownership and organization emerge almost every day. Decentralized Autonomous Organization (DAO) is one of these models. In this decentralized ecosystem, everyone collectively owns the organization. This means every user has a stake and proportionate rights. These stakes are usually in the form of Governance Tokens.
Governance Tokens 101
Governance Tokens 101
Governance Tokens 101
With the word of web3 moving so fast, new models and practices for ownership and organization emerge almost every day. Decentralized Autonomous Organization (DAO) is one of these models. In this decentralized ecosystem, everyone collectively owns the organization. This means every user has a stake and proportionate rights. These stakes are usually in the form of Governance Tokens.