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Decentralized Autonomous Organizations (DAOs): collaboration without central authority
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DAO technology enables a new way of organizing and collaborating. Decentralized Autonomous Organizations (DAOs) are a revolutionary approach to organization and collaboration that operate without the need for central authority. Instead, they're run by code on blockchains and governed by their members, who have voting power proportional to their stake in the organization.
More and more stunning use-cases can be found in the fields of finance, social media and HR. Aragon, Colony and DAOstack are just a few examples that we discuss in this episode. Even a fleet of autonomous taxis could be run by a DAO governance model.
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