DAOs (Decentralized Autonomous Organizations) – how they work on the blockchain | School of Block #criptocurrency #cripto
Decentralized Autonomous Organisation. Quite a mouthful, which is why most people just say ‘DAO’.
But what are they? What do they do? And why should you care?
Very, very good questions.
In a nutshell, DAOs provide the framework for OPEN COLLABORATION. Which, it turns out, can be incredibly productive. How productive you ask? Well, that’s what we’re here for you silly goose!
So stick around…
Because this is SCHOOL OF BLOCK.
Sections in this video
0:00 Intro – what are DAOs?
1:36 The birth of DAOs
4:13 Some DAO examples
5:48 How DAOs could impact the future of work
7:54 DAO-based media platforms: MeebitsDAO
10:23 Issues faced by DAOs
12:10 Wrapping it up
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