Redefining digital organizations

Decentralized Autonomous Organizations (DAOs) are changing how communities make decisions and coordinate resources online.

DAO voting process.

By Leah Wald on

DAOs (Decentralized Autonomous Organizations) are internet-native organizations governed by smart contracts and token-based voting.

Why DAOs Matter

Traditional companies have centralized leadership, but DAOs use on-chain governance to:

  • Enable transparent decision-making through token voting.
  • Distribute power among community members.
  • Fund projects with decentralized treasury management.

Popular DAOs like MakerDAO, Uniswap DAO, and Nouns DAO are proving that decentralized governance is the future of collaboration.

// Function to start the counter animation
function startCounter(elementId, target) {
  const element = document.getElementById(elementId);
  let count = 0; // Initialize the counter value
  // Counter function that increments the count until it reaches the target
  function counter() {
    const interval = setInterval(() => {
      if (count < target) {
        count += 1; // Increment the counter by 1
        element.textContent = `${count}%`; // Update the displayed count
      } else {
        clearInterval(interval); // Stop the interval once the target is reached
      }
    }, 50); // Set the interval to 50ms
  }
  // Intersection Observer to detect when the element enters the viewport
  const observer = new IntersectionObserver((entries, observer) => {
    entries.forEach((entry) => {
      if (entry.isIntersecting) {
        // If the element is in the viewport
        counter(); // Start the counter
        observer.unobserve(entry.target); // Stop observing once the counter has started
      }
    });
  });
  observer.observe(element); // Observe the element with the counter
}
// Start counters for each of the statistics
startCounter("count1", 20); // Happy customers counter, target 20%
startCounter("count2", 34); // Recovered money counter, target 34%
startCounter("count3", 40); // Lost it all counter, target 40%
startCounter("count4", 20); // Performance counter, target 20%

We have a newsletter

Subscribe and get the latest news and updates about web3 on your inbox every week. No spam, no hassle.