What is a DAO and how does it benefit its members?

Lily Wu is a serial entrepreneur based in Singapore and the cofounder of WOW Pixies, which is an NFT collection and a DAO that invests in women-led projects. WOW Pixies is well known in the NFT space and sold out within 3 days of launch. Before breaking into Web 3.0, Lily already had 2 seven-figure businesses under her belt by the age of 25, having started her first business at age 16 with just $100, and she currently leads startup partnerships at Stripe. In this episode Lily breaks down exactly what a DAO is, how WOW Pixies works and she tells her incredible entrepreneur story. Does Web3 give you the overwhelm? Don't worry - we break down the jargon along the way, from NFTs to cryptocurrencies and the metaverse, going deeper down the rabbit hole over the course of each episode. LINKS: Lily Wu on Twitter: https://twitter.com/nftlily WOW Pixies: https://twitter.com/WoWPixiesNFT Follow Women of Web3 for the latest job posts, learning resources and events: https://twitter.com/womenofweb3co Women of Web3 website: www.womenofweb3.co Editor: Ollie Chamberlain