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DAOs are the ultimate combination of capitalism and progressivism.There are so many features and processes in any given company that can be more efficient and productive using a decentralized, trustless approach. As companies are built on this approach we will see some incredibly disruptive businesses
Spiritually, I really love DAOs. Creating new and better ways for people to coordinate and cooperate around projects is definitely close to my heart.I’m very excited about the potential that DeFi offers in principle. The idea that anyone anywhere in the world can have access and choose their financial exposure is a very powerful thing.
DAOs are very participatory.You don’t have to wait for a quorum or a sufficient number of people to vote in order to make a decision. It kind of runs and operates like the internet, through rough consensus.If there’s more people that support a project, a decision is made.