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Summary in 7️⃣ parts of "The ABCs of DAOs" by @theomarcu at @oneseventwonine for @scribeDAO 🧵👇 #ScribeDAOCanon
TL;DR DAOs offer a new way to create community lets look at a 101 introduction to these exciting projects
TL;DR DAOs offer a new way to create community lets look at a 101 introduction to these exciting projects
1/ As of today DAOs have just around $16b (up from $1b in June when the article was written!) on their balance sheets, with the biggest generating huge interest from professional and retail investors alike.
Open-Orgs.info
Open-Orgs.info
2/ What are DAOs and why are they important?
DAOs are a new type of internet-native entities that are governed by a constitution enforced by blockchain technology.
This advancement in entity structure is arguably as big a step forward as the first Limited Liability Corporation.
DAOs are a new type of internet-native entities that are governed by a constitution enforced by blockchain technology.
This advancement in entity structure is arguably as big a step forward as the first Limited Liability Corporation.
