Bitcoin is held up as a representative of DAO. Bitcoin does not have a central authority that hands out currency, and tokens are issued and managed according to predetermined rules.
DAO's strength lies in its transparency and fairness. In a blockchain-based DAO, a set of contracts, implemented in a non-rewritable form also known as smart contracts, is executed mechanically, decentralized, and autonomously.
DAO also has the advantage of saving manpower, reducing costs, and shortening the time required for processing. In this way, DAO is transparent, fair, and efficient, and it looks like the future as in how we will organize our entities.
It's the foundation of our metaverse