DAO 101—All you need to know about DAOs

When DAOs are needed The growth of DAOs in general and the massive success of some of the most innovative ones inevitably result in the perception that the route to growth and robust network participation requires a DAO structure. In times of ebullience, market forces make it easy to assume that every organization, community, or project needs a DAO... See more

DAOs (Decentralized Autonomous Organizations) have emerged in recent years, allowing people to collaborate on smaller-scale projects than companies. DAOs are organized around a mission that coordinates through a shared set of rules enforced on a blockchain. Put it simply, DAOs are a new way to finance projects, govern communities, and share value.

As internet-native constitutions, DAOs have several advantages compared to their traditional counterparts. By nature of being decentralized and relying on blockchain networks, they are better suited to grassroots organization. They also create more transparency, and they’re open to anyone to participate from anywhere around the world. The ultimate ... See more