Creative new DAOs are cropping up in China, each with its own specific purpose and group governance model.
The pronunciation of "DAO" is the same as 道 in Chinese, which means “path” (as in the Dao De Jing).
In the Western crypto world, we are seeing DAOs (decentralized autonomous organizations) become a new form of people organizing people. Prominent projects such as MakerDAO, LidoDAO, and many others have demonstrated the power of decentralized organization.
SourceGuys what exactly?