# Glossary * **DAO：**A DAO (Decentralized Autonomous Organization) is a blockchain-based organizational structure that operates without central authority, relying on member voting for decision-making. They are transparent, decentralized, typically governed by smart contracts, and execute decisions. Members hold specific tokens representing governance rights for voting and decision-making. DAOs find applications in project governance, investment funds, and digital asset management. However, security and governance issues remain challenges. * **NFT：**NFT, or "Non-Fungible Token," is a type of digital asset representing unique and non-interchangeable items like digital art, virtual real estate, music, and more. Unlike regular cryptocurrencies, NFTs are unique, utilizing blockchain technology to ensure ownership and scarcity. They have gained popularity for enabling the trade of digital assets in various fields like art, gaming, and entertainment. * **FT：**FT tokens are a type of digital asset, with each token having identical value and properties, making them interchangeable, much like traditional currencies such as Bitcoin and Ethereum. * **DAO Treasury**: DAO treasury assets refer to a fund managed by a Decentralized Autonomous Organization (DAO) and utilized for purposes such as supporting projects, rewarding community members, establishing partnerships, conducting research, and making governance decisions. These assets are collectively controlled and managed by DAO members and are subject to strict transparency and governance procedures. * **Multi-Signature Wallet**: A multi-signature wallet is a type of cryptocurrency wallet that requires multiple authorized signatures to execute transactions. This provides added security because different individuals or entities must agree to move the funds * **NTR**: NTR, or Native Token Ratio, represents the proportion of self-issued tokens within a DAO's treasury assets. This ratio is calculated and displayed to help users analyze the DAO's treasury composition. * **NFT collections：**NFT collections are a group of related non-fungible tokens (NFTs) typically created by the same artist or project and sharing a common theme or characteristic. These collections encompass digital art, virtual collectibles, and more, uniquely identifiable and tradable on the blockchain. * **Governance**: DAO governance typically involves both on-chain governance, which utilizes decentralized decision-making through smart contracts and blockchain-based voting, and off-chain governance, which relies on consensus reached through social media, online discussions, and other means to combine decentralization and flexibility. For example, common off-chain governance methods may include the use of platforms like Snapshot, while on-chain governance often employs tools like Tally. * **Governance tokens：**DAO governance tokens are digital assets that represent governance and voting rights within a Decentralized Autonomous Organization (DAO). They enable token holders to participate in decision-making, influence resource allocation, and shape the direction of the project. The specific functions and rights of these tokens depend on the design and rules of the DAO. * **Member**: A member in a DAO is an entity, often a token holder, who has certain privileges and responsibilities within the organization. These privileges can include voting on proposals, participating in governance decisions, and potentially receiving rewards or dividends. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.daobase.ai/daobase/tutorials-and-guides/glossary.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.