What is DAO ?
It was an organization launched to pool funds to develop technologies that support new decentralized business models. The organization was shut down after being hacked in late 2016.

The final goal of dao is decentralization

Investing in a DAO is a decentralized organization that invests funds collectively.
31 $DEGEN

Unfortunately, accepting failure early and otherwise having good goals.

Exactly!
DAOs represent a paradigm shift in organizational structure, where community participation and code-based governance take center stage. They embody the spirit of decentralization and innovation.

The “end goal” of a DAO is to be fully decentralized and run autonomously without the need for human intervention or control

I didnt know that it was shut down because of that 
31 $DEGEN