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The DAO is an investment vehicle governed by a program, directed by investors' votes, to seek out and fund proposals. It is implemented as a smart contract on the Ethereum blockchain. |
Central to everything about the DAO is the concept of decentralized autonomous entities .
- Bitshares develops “decentralized autonomous companies”
Token
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DAO tokens do not represent or constitute an equity ownership stake, share, or equivalent in ANY public or private company, corporation, or other entity in any jurisdiction; DAO tokens are only for use in connection with The DAO under the terms of The DAO’s smart contract code and do not entitle any holder of DAO tokens to any additional rights with respect to any other corporation, company, or entity in any jurisdiction.
The DAO token statistics
Etherscan website lets you find useful information about the DAO token, like its address, supply number, value in Ether, transaction numbers or holder number.
The website will list too all the proposals and votes once the mechanism starts to be active.
Decentralized applications
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