Decentralisation at Work: Cooperatives on the Blockchain - dGen Blog

-Cryptonetworks and decentralized autonomous organizations (DAOs) as the future of internet-native co-ops: Such networks address two major issues that have prevented traditional cooperative businesses from becoming pervasive: access to capital and complexity of governance. With the issuance of a token, cryptonetworks can benefit from market specula... See more

While venture capitalists are optimising for value extraction per mandate, crypto cooperatives intend to create and distribute value as broadly as possible in order to stay minimally extractive long term. This is why decentralization matters.

The idea of a decentralized organization takes the same concept of an organization, and decentralizes it. Instead of a hierarchical structure managed by a set of humans interacting in person and controlling property via the legal system, a decentralized organization involves a set of humans interacting with each other according to a protocol specif... See more