muhammed abdullahiDec 19, 2021 · 3 years ago6 answersWhich cryptocurrencies are commonly used in decentralized autonomous organizations (DAOs)?
Decentralized autonomous organizations (DAOs) are organizations that operate on blockchain technology and are governed by smart contracts. They aim to eliminate the need for traditional centralized management structures and allow for decentralized decision-making. In these organizations, cryptocurrencies play a crucial role in facilitating transactions and incentivizing participants. Which cryptocurrencies are commonly used in DAOs and why?
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