A DAO is an organization form expressed as software. Its purpose is to facilitate coordination via collective ownership. It services pre-defined goals, and groups use it to reduce coordination failure. DAOs are an inclusive, transparent and global model for human coordination. Not everything can or should be a DAO.
"A DAO is a group of people with no central management that coordinate over the internet around a shared set of rules to achieve a common mission.
A more accurate definition would be: A DAO is an internet-native entity with no central management which is regulated by a set of automatically enforceable rules (on a public blockchain), and whose goal is to take on a life of its own and incentivize people to achieve a shared common mission.
DAOs are so good at doing this because they allow for collective ownership over the organization and decision-making that was previously very difficult to maintain at scale.
DAOs consist of people AND software.
- Incentives: DAOs incentivize contributors by giving them a say in the future of the organization.
- Coordination: DAOs allow people to come together and work on common missions just as easy as joining a chat group.
- Governance: DAOs allow people to collaboratively channel common funds towards common missions.
- Transparency: DAOs allow anyone with an internet connection to check their members, financials and decisions taken.
- Scaling: DAOs scale their workforce dynamically. There are low barriers to entry, allowing new members to join."
Read more about it here: https://aragon.org/dao
- DAOs – The New Coordination Frontier – September Report (2021) by Gitcoin
- DAOs in Simple Terms (2021) by Ethereum Foundation
- DAOs - The next frontier of human coordination (2021) by Aragon DAO
- What Is a DAO? (2021) by Werner Vermaak
- The TAO of the DAO (2019) by Kate Beecroft and Francesca Pick
- DAO Landscape (2021) by Cooper Turley
- What Types Of Organizations Should Be Autonomous? (2019) by Amentum Capital
- What are DAOs and why you should pay attention (2021) by Cathy Hackl
- What is a DAO and what is it for? (2021) by Adam Kerpelman
- Week in Review - Crypto-democracy and DAOs (2021) by Lucas Matney
- Quadractic Lands, Introducing GTC – Gitcoin’s Governance Token (2021) by Kevin Owocki
- What's Ocean DAO? (2021) by Ocean Protocol Foundation
- MakerDAO Has Come Full Circle (2021) by Rune Christensen
- BanklessDAO - Mission, Vision, and Values (2021) by BanklessDAO
- The Year of the DAO Comeback (2019) by Steven McKie
- The State Of The DAOs (2019) by Vu Gaba Vineb
- An Overview of the Venture DAO Ecosystem (2021) by AngelDAO
- DAOtalk - A DAO focused forum
- MetaSquare - MetaGame DAO Forum
- Overview of DAO Ressources (2021) by House of DAOs
- Coordination Failures – Know Thy Enemy (2021) by Kevin Owocki
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