Will DAOs replace Corporations?

What if some of our most important and culturally-relevant non-profits, which have to spend so much time, energy, and ironically, money fundraising, were owned and governed by DAOs? A treasury backed by real-world assets with a token fueled by narrative upside would be an interesting proposition.

The org structure of DAOs looks like modern day cooperatives, but over the next decade I believe their scale and impact will rival some of the world’s largest public companies.