A Prehistory of DAOs

The very structure of DAOs (decentralised autonomous organisations) themselves provide solidarity networks, with increasing collaboration between DAOs to build a broader scene. It’s early but this blend of community knowledge + solidarity networks + folklore exists, right now.

The promise of DAOs lies in self-governance. With the appropriate tools and mechanics, contributors can onboard, coordinate, reward one another, rather than relying on one single point of failure. In absence of such infrastructure, decisions will continue to be made arbitrarily and consensus cannot scale across the network.

At the end of the day, the best framework for an organization may not be a choice between a cooperative or DAO model, but a blend of both. Incorporating cooperative values into crypto networks could take the form of a traditional cooperative that bootstraps its network through on-chain tokenized contributions. Alternatively, a DAO could decide to a... See more

For the past years, the outsized narrative of DAO as an alternative to venture capital dims the light of its much more profound, and much more interesting potential — a fluid, programmable, modular social network that is by design global, transparent, and collaborative. DAO has the potential to become a new frontier of belonging, to create a new sp... See more