TLDR
Decentralized Autonomous Organizations (DAOs) are an attempt to improve human coordination by putting decision-making power into the hands of an automated system and a crowdsourced process. DAOs have to provide clear directions to members, especially new ones, without the benefit of central leadership. Problems include contributor liability, payroll, challenges related to real-world interactions without a standard legal entity, and voter apathy — a crisis-level problem in many DAOs. Many DAOs throw open the door for anyone who wants in, often without creating a structure to ensure meaningful experiences.via the TL;DR App
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Written by colina | building the infrastructure for web3
