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DAO is a cost-efficient method to addresses the traditional centralized business, if you are a businessman and you are working on a project that requires funding, then the decentralized autonomous organization(DAO) introduces several opportunities for your business.
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Token standards are the set of rules that allows the development of crypto tokens on different blockchain protocols. These standards are built for smart contracts and other Decentralized Applications. One of the most prominent and Popular blockchains is Ethereum.