# DAOs

<figure><img src="https://1665442087-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F8RQ8x7TsD1Ia3SWUDRhm%2Fuploads%2F3bFgmPeZoRhM3D7LBA8K%2Fpexels-btgl-%E2%99%A1-18075357.jpg?alt=media&#x26;token=86d4762a-eb2d-45d8-aa06-043b903a4a27" alt="" width="563"><figcaption></figcaption></figure>

### <mark style="color:purple;">DAOs are essentially</mark>&#x20;

### <mark style="color:purple;">token-gated online communities.</mark>&#x20;



### <mark style="color:green;">DAOs enable many forms of</mark>&#x20;

### <mark style="color:green;">fundraising for projects,</mark>&#x20;

### <mark style="color:green;">community-led decision-making,</mark>&#x20;

### <mark style="color:green;">transparent capital flow,</mark>&#x20;

### <mark style="color:green;">and governance.</mark>
