TL;DR —
Decentralized Autonomous Organizations (DAOs) are experiencing a Cambrian explosion. People-driven autonomous organizations happen mostly through voting on decisions that are proposed by other community members. These communities can even have treasuries where the DAO can organize their finances. The current state of DAOs is experiencing the highest growth in the blockchain industry. There is an entire movement happening because of projects offering up a Governance Token as a bonus to those who are using some DeFi applications.
[story continues]
Written by
@rossco
Win Win games with Long Term People
(PS: I will never manage your money.)
Topics and
tags
tags
defi|dao|ethereum|cryptocurrency|yield-farming|decentralized-finance|future-of-work|latest-tech-stories
This story on HackerNoon has a decentralized backup on Sia.
Transaction ID: m6I_MIxCPh9z2owzoCq4U50Tyv6_CBTH-zTMAAKRhlw
