Everything you need to know about DAOs.
Decentralized Autonomous Organizations (DAOs) are becoming more and more popular thanks to cryptocurrencies. While these decentralized organizations thrive, they need an operating system (OS) to manage their resources better.
There is an increased interest in token economics, or tokenomics, which explores the use of cryptocurrencies. Crypto coins or tokens allow greater financial transparency, control resources, and unlock infinite use cases for decentralized organizations.
Non-fungible tokens (aka NFTs or nifty's) are crypto tokens representing digital ownership of assets. NFTs act as digital deeds and allow anyone to become owners of digital or physical items.
As consumers, we love to purchase stuff. This trend has given rise to the ownership economy. Creators, on the other hand, are playing a different game. Artists, musicians, writers, or other creators are investing in their creative process.