Sublime

DAOs will likely become large networks with shared incentives and coordination tools, made up of smaller units (which can still be quite bit) that act in a more directed and centralized way.

‘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

Every year, centralized social networks place more restrictions on what users and developers can do. They seem to believe that limiting choices is the path to a healthy network, while the opposite is probably true. A decentralized social network can challenge this hypothesis by making two powerful promises that centralized networks cannot. They can... See more

The DAO model appeals to him because it allows members to allocate a certain number of tokens to fund a project, and all sign off on it.