The shape of this future is rapidly coming into focus and centers around an organization referred to by technologists as “decentralized autonomous organizations,” or DAOs. These DAOs operate with different assumptions than many of today’s traditional legal entities and other business associations. DAOs are not run by boards or managers, but rather ... See more

4. DAOs are trust-less organizations owned and governed by community members. DAOs have smart contracts for decentralization and humans on the periphery for governance.

DAO DAOs are simply a group of people with a common interest that come together and contribute toward a shared objective. DAOs need a community of contributors that can take care of tasks like managing the tasks, onboarding new members into the DAO, assisting members in their tasks, and communicating strategies with members of the community and tak... See more