Who can participate in a DAO?

A DAO (decentralized autonomous organization) allows anyone with an internet connection to participate in decision-making and governance. This means that anyone who holds the required cryptocurrency or token can join a DAO, regardless of geographical location or legal status. DAOs aim for inclusivity and decentralization, empowering a wide range of stakeholders to participate in community-driven decision-making. However, some DAOs may have certain requirements or restrictions on participation, such as holding a minimum number of tokens or passing a certain level of verification.

This mind map was published on 17 May 2023 and has been viewed 77 times.