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=DAO (Decentralized Autonomous Organization)=
=DAO (Decentralized Autonomous Organization)=
An entity with no central leadership. Decisions are made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are internet-native organizations collectively owned and managed by their members. Wikipedia defines DAO (Decentralized Autonomous Organization) as an organization represented by rules encoded as a transparent computer program, controlled by the organization members, and not influenced by a central government. As the rules are embedded into the code, no managers are needed, thus removing any bureaucracy or hierarchy hurdles. SEEDS utilizes a human-centric version of DAO known as [[#DHO_.28Decentralized_Human_Organization.29|DHO (Decentralized_Human_Organization).]]
An entity with no central leadership. Decisions get made from the bottom-up, governed by a community organized around a specific set of rules enforced on a blockchain. DAOs are internet-native organizations collectively owned and managed by their members. SEEDS utilizes a human-centric version of DAO known as [[#DHO_.28Decentralized_Human_Organization.29|DHO (Decentralized_Human_Organization).]]


=DAC (Decentralized Autonomous Corporation)=
=DAC (Decentralized Autonomous Corporation)=

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