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Summary in 7๏ธโƒฃ parts of "The ABCs of DAOs" by @theomarcu at @oneseventwonine for @scribeDAO ๐Ÿงต๐Ÿ‘‡ #ScribeDAOCanon

TL;DR DAOs offer a new way to create community lets look at a 101 introduction to these exciting projects Image
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 Image
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.
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