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With the development of blockchain solutions growing at a stea | N1CE - The Crypto Experts - We're Hiring

With the development of blockchain solutions growing at a steady pace, the need for governance becomes ever more apparent. That is why together with the increasing number of implementations in the financial sector, the introductions of DAOs (Decentralized Autonomous Organization) to better steer such initiatives increase just as well. While traditional markets take a centralized approach to this with a board of directors for example, in blockchain the modus operandi sits on the opposite end. When decentralization is paramount, as is the case with crypto projects this role is taken by the DAOs, creating another avenue for disruption. Instead of top-down hierarchies, DAO governance is community-driven, while its decisions are made using a permissionless smart contract via voting procedures.