The problem with Decentralized Autonomous Organizations
DAOs are new, cool⌠and dangerous
I rather like DAOsđ. They borrow their core principles from organizational theory, and have pushed forward interesting ideas around self-organization and emergence. Yet, everything the crypto community touches turns to poisonâ ď¸. DAOs donât work. Below are the (many) reasons why:
1. đ°Your pay is decided by yourâŚ