Details about AlgoDAO cryptocurrency
€46
15.037
Unknown
https://algodao.fi/
@algodao_fi
AlgoDAO price charts
ADAO exchanges
AlgoDAO, the crypto
AlgoDAO (ADAO) is a cryptocurrency that powers a DAO (decentralized autonomous organization) built on top of the Algorand blockchain. The purpose of the DAO is to facilitate community governance and decision-making for the Algorand ecosystem.
The point
The main point of AlgoDAO (ADAO) is to give Algorand community members a voice and a say in the development and direction of the Algorand ecosystem. Through the DAO, members can propose and vote on changes to the network, including upgrades to the protocol, new features, and initiatives to spur adoption and growth.
The problem
AlgoDAO (ADAO) tries to solve the problem of centralized decision-making in blockchain ecosystems. By creating a decentralized, community-driven governance structure, AlgoDAO aims to increase transparency, inclusivity, and accountability, while also promoting innovation and growth for the Algorand network.
Compare ADAO and BTC performance
| Timeframe | ADAO | BTC |
|---|---|---|
| 1h change | 0 % | 0.175774 % |
| 24h change | 0 % | 5.35743 % |
| 7 day change | 0 % | -8.58521 % |
| 14 day change | -0.86 % | -1.97993 % |
| 30 day change | -69.93 % | 4.77947 % |
| 200 day change | -96.82 % | 126.701 % |
| Year change | 0 % | 126.776 % |