The emergence of decentralized autonomous organizations (DAOs) marks a significant evolution in the field of blockchain and digital governance. These entities, operating on principles of decentralization and autonomy, challenge traditional organizational models. They are characterized by their ability to operate without a centralized hierarchy, thus offering a new perspective on management and collective decision-making. However, DAOs are not without challenges, particularly in terms of security and regulation. This article aims to examine the characteristics, advantages, and inherent challenges of these organizations.
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