🧑🤝🧑Dao VS 🕴️Traditional Organization thread.
DAO: Decentralized autonomous organization.
Both DAOs and traditional organizations need an initial founder or group of founders.
But the way they are conceived and they work is totally different.
Let's see the differences.
↓
DAO: Decentralized autonomous organization.
Both DAOs and traditional organizations need an initial founder or group of founders.
But the way they are conceived and they work is totally different.
Let's see the differences.
↓
Table of Contents
- Foundation
- Hierarchy structure
- Contracts
- Voting for changing
- Changes
- Vote handling
- Service offer
- Activity Transparency
- Examples
↓
- Foundation
- Hierarchy structure
- Contracts
- Voting for changing
- Changes
- Vote handling
- Service offer
- Activity Transparency
- Examples
↓
Foundation
🧑🤝🧑DAO:
technically no paperwork is needed. Decisions are put into the blockchain and done with smart contracts.
🕴️Traditional:
Way more complicated! You need to submit a lot of papers, submit a lot of info. You need certificates, licenses, bank account (of course!).
🧑🤝🧑DAO:
technically no paperwork is needed. Decisions are put into the blockchain and done with smart contracts.
🕴️Traditional:
Way more complicated! You need to submit a lot of papers, submit a lot of info. You need certificates, licenses, bank account (of course!).
Hierarchy structure
🧑🤝🧑DAO:
Usually flat and democratized!
🕴️Traditional:
Hierarchical (usually). This is not necessarily BAD, as having a structure can help everyone to know "their role", but involves all the problems we already know about depression, ego, money, ...
🧑🤝🧑DAO:
Usually flat and democratized!
🕴️Traditional:
Hierarchical (usually). This is not necessarily BAD, as having a structure can help everyone to know "their role", but involves all the problems we already know about depression, ego, money, ...
Contracts:
🧑🤝🧑DAO:
It simply makes use of decentralized smart contracts.
🕴️Traditional:
It uses legal contracts for the employees.
🧑🤝🧑DAO:
It simply makes use of decentralized smart contracts.
🕴️Traditional:
It uses legal contracts for the employees.
Changes
🧑🤝🧑DAO:
When a change is required, participants can and must vote
🕴️Traditional:
Changes usually can be demanded from just some participants, and voting is offered to just someone in the whole group.
🧑🤝🧑DAO:
When a change is required, participants can and must vote
🕴️Traditional:
Changes usually can be demanded from just some participants, and voting is offered to just someone in the whole group.
Vote handling
🧑🤝🧑DAO:
- No need for a trusted intermediary.
- Votes are tallied.
- Outcomes are implemented automatically
🕴️Traditional:
- A trusted intermediary is needed to handle the results.
- Votes tallied internally.
- Outcomes are handled manually (supervision).
🧑🤝🧑DAO:
- No need for a trusted intermediary.
- Votes are tallied.
- Outcomes are implemented automatically
🕴️Traditional:
- A trusted intermediary is needed to handle the results.
- Votes tallied internally.
- Outcomes are handled manually (supervision).
Service offer
🧑🤝🧑DAO:
- Services offered are handled automatically.
- No need for supervision.
🕴️ Traditional:
- Human handling is required.
- it can be automated but still needs control to avoid manipulation
🧑🤝🧑DAO:
- Services offered are handled automatically.
- No need for supervision.
🕴️ Traditional:
- Human handling is required.
- it can be automated but still needs control to avoid manipulation
Activity Transparency
🧑🤝🧑DAO:
- All the activities are transparent.
- Everyone can check them.
🕴️Traditional:
- Usually, the activities are private
- Not everyone can access them.
🧑🤝🧑DAO:
- All the activities are transparent.
- Everyone can check them.
🕴️Traditional:
- Usually, the activities are private
- Not everyone can access them.
Examples
I am personally in 2 DAOS at the moment:
- @developer_dao
- @_buildspace
If you want to connect there, just hit me up on discord.
Discord username: Francesco Ciulla#0663
I am personally in 2 DAOS at the moment:
- @developer_dao
- @_buildspace
If you want to connect there, just hit me up on discord.
Discord username: Francesco Ciulla#0663
if you enjoyed this thread, follow @FrancescoCiull4 and RT the tweet below. Thank you.
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