added by sari · updated 2y ago
Issue #33: DAOs...company or community?
- Company + product/service = business
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago
- The second takeaway is the same technology mechanisms allow you to operate all of the above. Smart contracts and tokens will be the default structure for any group-coordinated effort online, especially if the participants don’t trust each other.
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago
- The first takeaway here is DAOs are a mechanism for organizing a group of individuals for a particular purpose. That purpose may be commercial, civic, social, philanthropic, or other.
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago
- The purpose of a business is to serve a customer. The purpose of a community is to serve its members.
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago
- Tokenholders is the most inclusive category of participation. Other than holding the DAO’s token, the individual can remain entirely passive. Being a passive tokenholder in a DAO is equivalent to being a passive homeowner in a local community. You are making a financial investment in the community, but you aren’t spending time building or improving... See more
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago
- DAO + product/service = business
from Issue #33: DAOs...company or community? by Andrew Beal
sari added 3y ago