Issue #33: DAOs...company or community?

More simply, DAOs are a new way to finance projects, govern communities, and share value. Instead of a top-down hierarchical structure, they use Web3 technology and rapidly evolving governance and incentive systems to distribute decision-making authority and financial rewards. Typically, they do that by issuing tokens based on participation, contri... See more

 DAOs are the next evolution in online communities because they let DAO members: 1.  Get financial upside for creating more value for the community, 2. h ave a real influence in the direction of the community through voting, and 3. r eflect the value of the community through the value of the token.

DAOs seek to solve many of the most pressing problems that traditional companies face today thanks to cryptographic mechanisms and Social Tokens. By leveraging new technologies, they give freedom and power back to the person, and give back assets that individuals seek today and that traditional companies took away a long time ago.Incentives will ne... See more