Saved by Tom So
What's a DAO? Conceptual Foundations
DAOs, DACs, DAs and More: An Incomplete Terminology Guide | Ethereum Foundation Blog
blog.ethereum.orgblog.ethereum.org
- However, this centralized system of entity thinking is undermining the potential of decentralized autonomous organizations in web3.
Rowan Yeoman • DAOs aren't things... they are flows.
Leaders with differing ideas naturally surface in groups of people, and it is equally natural for people to follow leaders and causes they believe in. Rather than replacing hierarchies, DAOs create a mechanism through which a single organisation can allow many hierarchical teams to explore different directions simultaneously.
Oliver Hunt • DAOs as novelty search engines
Based on Vitalik Buterin’s DAOs, DACs, DAs and More: An Incomplete Terminology Guide from 2014, a DAO could be described then as a capitalized organization in which a software protocol informs its operation, placing automation at its center and humans at its edges. For example, a software protocol could specify the conditions upon which an organiza... See more