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32 lines
773 B
Markdown
32 lines
773 B
Markdown
---
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title: "decentralized-autonomous-organization"
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aliases: DAO
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tags:
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---
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In general terms, DAOs are member-owned communities without centralized leadership. A commitment to share value with a community.
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they seek to
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- provide members with a voice through governance
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- flatten hirarchy and create fluid workstreams
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- allocate reources to achieve a core mission
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A Telegram group with 10 members and 1 ETH is a DAO.
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A DeFi protocol with $1B+ of assets governed on-chain by 10,000+ token holders is a DAO.
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E.g., [The DAO](https://en.wikipedia.org/wiki/The_DAO_(organization))
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# Social DAOs
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e.g.,
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- seed club
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- FWB
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- kramos
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# My opinions
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sounds like extreme democracy basically
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# Sources
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- https://coopahtroopa.mirror.xyz/_EDyn4cs9tDoOxNGZLfKL7JjLo5rGkkEfRa_a-6VEWw |