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DAO stands for Decentralised Autonomous Organisation. The explanation is in the words. It is decentralized means it doesn't have any single authority to control the organization. Each and everyone is responsible for making decisions in the organization. It doesn't have any physical company everything is online and most of the founders will remain anonymous. DAO working method It is a community-led organization every action is autonomous which is programmed in smart contracts so no one can have control over it. All the decision are fully autonomous and every code is transparent and can be viewed publicly which increase the trust in the organization. To change any decision or create any new proposals there will a voting system after results it will be automatically deployed. More About DAO in this article https://read.cash/@CyberCrypto/working-and-investing-in-dao-explained-f7b9375b

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