Most DAOs pool cryptocurrency in a treasury where members vote on how it's used.

大多数 DAO 将加密货币汇集在一个金库中，成员可以投票决定如何使用它。

CityDAO was among the first DAOs brave enough to buy land.

CityDAO 是第一批敢于购买土地的 DAO 之一。

Most DAOs raised some initial funding by selling a governance token that gives holders voting rights over DAO activities.

大多数 DAO 通过出售治理令牌筹集一些初始资金，该令牌赋予持有者对 DAO 活动的投票权。

DAOs are financial flash mobs, often organizing seemingly overnight in pursuit of an idea.

DAO 是金融快闪族，通常为一个想法而在一夜之间组织起来。

DAOs have been called group chats with a bank account.

DAO 被称为与银行账户的群聊。

In a DAO, members act as peers, contributing capital, proposing and working on projects and making decisions as a group.

在 DAO 中，成员充当同行，贡献资金，提出项目并参与项目，并作为一个团队做出决策。

The treasuries that I'm referring toare the treasuries of DAOs.

我指的金库是 DAO 的金库。

And any time spending or money transfers are involved, the DAO approves it through a proposal.

涉及到的任何时间支出或资金转移，DAO 通过提案予以批准。

Today we're seeing DAOs do all kinds of really interesting things together.

今天我们看到 DAO 一起做各种非常有趣的事情。

But in the face of serious digital crimes, a DAO can only do so much.

但面对严重的数字犯罪，DAO 能做的也就这么多。

At the moment, metaverses are largely community-run, with decisions made through a DAO, Decentralized Autonomous Organization.

目前，metaverses 主要由社区运行，决策通过 DAO（去中心化自治组织）做出。

It's still early for DAOs, and they certainly aren't for everything.

现在 DAO 才刚刚起步，而且它们肯定不是万能的。

That's why we decided to start a DAO, or a decentralized autonomous organization, called CityDAO.

这就是为什么我们决定成立一个 DAO，或者一个去中心化的自治组织，叫做 CityDAO。

And maybe a DAO can even build the next great city.

也许 DAO 甚至可以建造下一个伟大的城市。

To help solve some of these issues, states like Wyoming are putting laws on the books that recognize DAOs.

为帮助解决其中的一些问题，怀俄明州等州正在制定承认 DAO 的法律。

A DAO is an internet native, blockchain-governed, collectively owned organization working towards a shared mission.

DAO 是一个互联网原生、区块链管理、集体所有的组织，致力于实现共同的使命。

DAO members will likely get to participate in key things, like who's coaching the team or where the golf course gets built.

DAO 成员可能会参与关键的事情，比如谁来执教球队或者高尔夫球场在哪里建造。

In DAOs like MetaCartel and Seed Club, members review submissions from promising start-ups and projects and decide on which ones to fund.

在 MetaCartel 和 Seed Club 等 DAO 中，成员审查有前途的初创企业和项目提交的文件，并决定资助哪些项目。

And while traditional corporate structures are battle-tested, DAOs are a new type of entity that can find themselves in uncharted regulatory waters.

尽管传统的公司结构经受战斗考验，但 DAO 是一种新型实体，可能会发现自己处于未知的监管领域。

Let's all strive beyond, do the impossible, always look at the upside and keep exploring the way, AKA the " dao, " to get there.

让我们都努力超越， 完成不可能的事情，始终着眼于积极的一面， 不断探索实现目标的道路，也就是“道” 。