DAOs are not corporations: where decentralization in autonomous organizations matters

In summary, eight imagined qualities of decentralized autonomous organizations are autopoietic, alegal, superscalable, executable, permissionless, aligned, co-owned, and mnemonic. Drawn from observation, these qualities trace desires for interdependence growing in the cracks of legacy institutions, as well as the dubious inheritance of cybernetic d... See more

Vitalik argues that a truly decentralized DAO should look to political science for design inspiration. In the future, he predicts these first-order non-corporate organizations will end up supporting second-order organizations that use more leader-driven forms of governance.