Experiments paved the way for modern DAOs Early DAOs were collective investment vehicles designed to function like decentralized venture funds. Tokens represented voting rights and economic interests in the DAO. Every participant was rewarded on Ethereum for their contribution regardless of their contribution. DAO winter coincided with the bear mar... See more

DAOs are an example of idea machines that can be initialized by a community. It may require more work to raise the funds and awareness to capitalize an idea machine without a major funder, but once they are initialized, DAOs must adopt similar tactics – develop an agenda, spin up and fund support organizations, invest into scene building, attract o... See more

In summary, eight imagined qualities of decentralized autonomous organizations are autopoietic, alegal, superscalable, executable, permissionless, aligned, co-owned, and mnemonic. Drawn from observation, these qualities trace desires for interdependence growing in the cracks of legacy institutions, as well as the dubious inheritance of cybernetic d... See more