TLDR
Decentralized Autonomous Organizations (DAOs) are a utopian idea. Today’s organizations require people to conduct legally-required functions, such as paying employees or buying insurance. DAOs have come a long way since the hack of the first DAO and the hard fork of Ethereum. People can make DAO-ish organizations by adopting blockchain-backed solutions to as many corporate functions as appropriate. They should encourage jurisdictions to give legal recognition to DAOs and to provide friendly governance and compliance regimes.via the TL;DR App
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Written by shaanray | Emerging Tech Blog
