6 If more ownership is in the hands of investors, contributors and users will not be interested in creating value for a DAO. DAOs are creating means of exchange of goods of their own possibly even without any involvement of money as we know it.
True or false? ALL of these platforms could be run as DAOs: online marketplaces, social media, creative content outlets, app stores, price comparison websites, platforms for the collaborative economy as well as search engines.
It can be expected that over the upcoming years the number of DAOs will rapidly grow and the level of their decentralization as well, as many current DAOs evolve from rather centralized beginnings to more and more decentralization with time.
Agree or disagree? Most of the existing DAOs are neither fully decentralized, nor fully autonomous and do not aspire to become such in short term due to their early stage of development.
Decentralized capitalism (DeCap) allows for greater transparency, competition, and innovation. Powered by DAOs, it has a tremendous potential to empower individuals and communities, promote social welfare, and foster sustainable growth.
@RyanSAdams Decentralized capitalism allows for a fairer distribution of wealth & power, promoting innovation, competition & individual autonomy. It can help overcome economic inequalities & create a more transparent & ethical economic system.
@Meta generated $91.5B net profit in the last 3 y. It has 3B MAU. Let's say 5% of them are active content creators driving the value of the platform. If Meta was a DAO, each content creator could receive $610. Plus a part of the ad rev. This is decentralized capitalism.
Decentralized capitalism (DeCap) powered by DAOs questions the role of a traditional business and its profit-seeking logic, allows the ownership of the means of production and of a company itself, and requires new ways to organize work. #decap#dao https://t.co/yjINoYaZXi
The expansion of DAOs foretell a more comprehensive shift of the entire economic system towards a new form of capitalism: decentralized capitalism (DeCap). @yaoeo@samerP2P https://t.co/yjINoYaZXi
The term DAO, first coined by @bytemaster7 and @VitalikButerin in 2013, replaced a less popular term DAC, decentralized autonomous company . Today, DAO can mean a for-profit company or a non-profit organization. DAOs are key for decentralized capitalism. https://t.co/05kDD5uEtZ