What makes Venture DAOs different than VCs?The key difference between Venture DAOs and normal VCs is governance and consensus.Rather than the leader(s) determining the thesis and direction of the group, the community must evolve and adapt to changing circumstances by keeping open communication and having cryptographic votes when necessary.Venture... See more

The term “DAO” is applied to so many different organizations that it has become close to meaningless. Whatever DAOs are, they must fall under 3 clear and distinct concepts: 1) be decentralised, 2) be organisations and 3) be autonomous.

DAOs advance web3’s benefits by enabling decentralization. They allow developer companies to hand control of the developed networks and protocols to users, most commonly through the distribution of governance tokens. This process effectively turns the networks and protocols into public utilities that users can then build on top of, knowing that... See more