Chapman’s driving question in Web3 has always been, “How do we make this stuff human?” For DAOs, one of those ways would be to rethink governance tokens as compensation for DAO members, which she believes fosters inequity.

Tarun Chitra provided an excellent description of when governance is needed within DAOs in his recent piece for a16z,

DAOs are open and permissionless, but still need new ways of determining who to trust, collaborate with, and reward.