noun | dee·sen·truh·lahyzd aw·guh·nuh·zey·shn
A decentralized organization is like a regular organization, but without all the bureaucratic bullshit and water cooler gossip. It's a group of people who come together to achieve a common goal, except instead of being held together by a shared love of TPS reports and office politics, they're held together by a shared love of cryptography and dank memes.
Example
"I started a decentralized organization with my fellow basement-dwelling neckbeards to overthrow the government and replace it with a DAO-based utopia. So far, all we've managed to do is argue about which anime waifu is best and order a bunch of pizza on the dark web. Baby steps, fam."
"Joining a decentralized organization is like joining a gang, but instead of dealing drugs and doing drive-bys, you're dealing shitcoins and doing dApps. It's all about that thug life, but on the blockchain, ya feel me?"