[ad_1] Today’s internet is dominated by an oligarchy of large tech companies like Amazon, Apple, Meta and Google. These companies control the closed networks through which we experience the internet (social media, search engines, online shopping, etc.) and they’ve used this control to do what corporations are legally designed to do: maximize profits. [ad_2] Source … Read more
[ad_1] Decentralized autonomous organizations (DAOs), digital entities which transcend geographical borders and are governed by code in place of legal contracts, are uniquely familiar with many of this challenges, given the large pools of assets they have amassed in their treasuries, which are typically managed on-chain. [ad_2] Source link
[ad_1] When we see largely peace-loving, crypto-nerd, not-racist, “DAOs” use virtually identical communications facilities, we should not also conclude that this makes crypto people extremists, or that this makes DAOs friendly to extremists, or even that DAOs are appropriate for extremists. It means that DAOs, like many other online communities which use Discord and make … Read more