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What is the BankSocial® DAO and what are they in control of?
What is the BankSocial® DAO and what are they in control of?
A
Written by Anthony Striano
Updated over 5 months ago

The BankSocial DAO (Decentralized Autonomous Organization) is a community-led entity with no central authority. It is fully autonomous and transparent. Ultimately, a DAO is governed entirely by its individual members who collectively make critical decisions about the future of the project, in the case of BankSocial, approving or denying loans.

More information on the DAO can be found on Banksocial.io

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