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Test Your Knowledge

Earn 100 Diamonds for every perfect score!

What are DAO Tokens?

Question 1:


What is one of the benefits of DAOs?

A. Centralized decision-making with a single authority.


B. Global participation and collaboration without geographical limitations.


C. Limited transparency due to privacy concerns.

Question 5:


What is one of the challenges faced by DAOs?

A. Instant decision-making with no delays.


B. Complete lack of security risks.


C. Decision-making delays due to the decentralized nature and large number of participants.

Question 3:


What should participants do before engaging with DAOs?

A. Understand blockchain technology and governance mechanisms.


B. Rely on the organization’s centralized management for guidance.


C. Avoid understanding the technical aspects of the DAO.

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