I think I've given the concept of DAOs a good faith effort, but I cannot understand how anyone thinks they are going to work for anything substantial.
Even if "governance" is "decentralized," there are still going to need to be people in the DAO, day to day, doing the work that no one wants to do, making decisions that no one wants to make.
It seems to me like a DAO is just a college group project but if you add crypto it solves everything?
Organizational behavior and its challenges don't go away because you've issued tokens.
Honest question, what the heck am I missing? It has to be something!
Even if "governance" is "decentralized," there are still going to need to be people in the DAO, day to day, doing the work that no one wants to do, making decisions that no one wants to make.
It seems to me like a DAO is just a college group project but if you add crypto it solves everything?
Organizational behavior and its challenges don't go away because you've issued tokens.
Honest question, what the heck am I missing? It has to be something!