What is DAO? A beginner’s guide

DAOs are preferred to be the organisational primitive for Web3 in the same way that the LLC was for the artificial revolution. 

DAOs are organized by tokens with rules recorded in smart contracts,To understand DAO better, let’s break the terms individually: 

Decentralized The technology on which these DAO’s are constructed are decentralized and is defined as Ethereum smart contracts.

Autonomous It refers to the ability to continue without outside help.

Organization This component is well-known, and is referred to as a group of humans and, if desired, other organizations.