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May 6, 2019May 6, 2019 BlockGlossaryBlockGlossary 0 Comments

DOA

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Meaning of DOA

It is an acronym of Decentralized Autonomous Organization, a set of smart contracts developed on the Ethereum Blockchain.

DAO was one of the earliest and biggest applications built on Ethereum’s platform, and it resulted in a mess due to hack and loss of about $50Million shortly after ICO/crowdfunding which raised $150Million.

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