In one sentence: What exactly is a DAO?
DAO stands for Decentralized Autonomous Organization, which translates to "去中心化自治组织" in Chinese. To explain it in the simplest terms, it is a collaborative entity driven by code rules and token voting—without a traditional company's CEO, board of directors, fixed office, or signed labor contracts. However, a group of people can manage funds, make decisions, and advance projects together through this mechanism. If it still seems abstract, you might imagine it as a "super combination": a WeChat group that interacts in real-time (connecting members) + a shared Alipay that everyone can check (managing funds) + a set of automatic rules written on the blockchain (for example, "payment is made once the vote passes") + a voting system that measures weight using tokens (to determine the direction of affairs) #DAO
