-Cryptonetworks and decentralized autonomous organizations (DAOs) as the future of internet-native co-ops: Such networks address two major issues that have prevented traditional cooperative businesses from becoming pervasive: access to capital and complexity of governance. With the issuance of a token, cryptonetworks can benefit from market specula... See more

Membership to the DAO can be gated or not. You might need to purchase tokens to participate, be admitted by existing members, etc. Or it could be totally open.

 DAOs are the next evolution in online communities because they let DAO members: 1.  Get financial upside for creating more value for the community, 2. h ave a real influence in the direction of the community through voting, and 3. r eflect the value of the community through the value of the token.