Governance rights face similar challenges with both fungible and non-fungible tokens: ownership naturally tends to have a power-law distribution so the question becomes: what do you do about whales? This recent essay by Vitalik paints a clear picture for why this will become an increasingly problematic issue for DAOs, both in terms of incentive mis... See more
. The CEO of a journal is deciding the direction of the company, the rules are disseminated through the ranks of the company, and the authors/peer reviewers don’t have a ton of say or ownership in the direction of the journal. DAOs raise the question of whether you can do this without any singular entity making these decisions, and instead, the dec... See more