Question: Select three true statements regarding smart contracts and DAOs. Check All That Apply DAO, in this context, stands for decentralized autonomous organization.DAO, in this context,

Select three true statements regarding smart contracts and DAOs.

Check All That Apply

DAO, in this context, stands for decentralized autonomous organization.DAO, in this context, stands for decentralized autonomous organization.

A DAO

(

pronounced

dow

)

allows anyone with an Internet connection to join together on a smart contract to raise funds.A DAO

(

pronounced

dow

)

allows anyone with an Internet connection to join together on a smart contract to raise funds.

The DAO governance is decentralized, meaning that any policies must be agreed to by the contributors to the DAO.The DAO governance is decentralized, meaning that any policies must be agreed to by the contributors to the DAO.

Most DAOs are built on the Bitcoin

(

BTC

)

blockchain.

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