Decentralisation at Work: Cooperatives on the Blockchain - dGen Blog

In fact, in his best-selling book Blockchain Revolution, Don Tapscott asks the question, ‘Why do you need a $60 billion company called Uber?’ when most of the process centralised by Uber could be automated, reducing the costs for upkeep of the platform and making it easier for drivers to create their own platforms?

There are still issues that need to be addressed related to using blockchain, as the technical infrastructure for coops in regards to establishing identity to facilitate the cooperative mantra of “one member, one vote” or disincentivizing bad actors with large amounts of capital to purchase governance rights in what is meant to be a coop on the cry... See more

‘The optimal governance structure for early-stage projects is founder dictatorship. The optimal governance structure for mature projects has large user/stakeholder involvement. “Exit to community” continues to be underrated as a way to get both’. - Vitalik Buterin