Decentralized Autonomous Organizations, or simply DAO's, are an element of the blockchain that relates closely to NFTs but extends much further than the basic functions of an NFT itself, and into the realm of organizing people to work towards a common goal of value creation.
With similarities to corporations and co-ops, DAO's appear to be the web3 solve towards collaboration and borderless working with a focus on contributor ownership and member transparency versus hierarchy and being tied to a wage.
On the 10th episode of Not a JPEG, we explore the basics of DAO's in preparation for our interview next week with DAO founder Chris Tabb of the Resistance DAO.
Topics Explored Include:
- What is a DAO and their significance in revolutionizing work;
- The types of DAOs and their structure;
- DAO achievements and concerns;
- How to Get Involved with a DAO;
WATCH THIS EPISODE ON YOUTUBE: https://youtu.be/0CUsq4JVYW4
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