The DAO first appeared on the cryptocurrency scene in 2016. It was an organization created by crypto-developers to automate decisions and facilitate cryptocurrency transactions. However, the DAO was attacked by hackers in June 2016, who carted away from a whopping 3.6 Million in ETH.
In my previous article, we've spoken about a basic explanation of DAO
. But still, I receive a lot of questions about DAOs on my Twitter
. By the way, if you want me to write about some topic, you can message me there.
In current times, several DAOs have sprung up, varying in their architecture, applications, and governance. For the purpose of this article, we will be looking at the top-10 interesting DAOs and all you need to know about them.
Of course, there are much more DAOs, but to keep short, I will review them in my next articles.