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.
But the trend never took off in China until the recent bull run. Seeing the success of international DAO projects has prompted many crypto participants to test the DAO waters and form their own path.
This week’s Da Bing looks at three China-based DAOs, and how they embarked on their DAO path.
MAO DAO: An NFT DAO
If you are in crypto in China, you have probably read an article from 小毛哥 (brother MAO). An ex-writer at Chainnews and China marketing lead for stake.fish, MAO is a beloved figure not only because of his writing, but also his ability to bring the smartest DeFi projects to China. He was among the first DeF
Źródło: https://decrypt.co/71708/grassroots-daos-in-china-mao-nft-mcn-codex-qilin
