Top 7 DAO Tokens to Watch Out For in 2023

Jun 26, 2023

Organizations need to be adaptable, flexible, and quick to respond to changing conditions. However, traditional hierarchical structures introduce delays, remain rigid, and struggle to remain current with the changing times. One solution relies on blockchain technology – a complete game-changing transformation that removes a system that relies on centralized control for an open community-run model. So how can blockchain technology help transform organizations?

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What Exactly is DAO?

DAO or Decentralized Autonomous Organization doesn’t include a centralized authority that oversees it like a traditional business structure. Instead, it relies on community collaboration and open-source models managed by contributors. Without a hierarchical management system, Decentralized Autonomous Organizations (DAO)can more quickly adapt, run more efficiently, and remain relevant thanks to a common stake shared by all contributors. So what about DAO Crypto tokens, and which ones should investors consider for 2023?

Top DAO Tokens

• ApeCoin (APE)

• UniSwap (UNI)

• MakerDAO (MKR)

• Lido DAO (LDO)

• Aave (AAVE)

• FightOut

• Compound

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Source - https://mpost.io/top-dao-tokens