Decentralized Autonomous Organization

Decentralized Autonomous Organizations (DAOs) are a form of on-chain governance. Members who hold tokens in the DAO are able to vote on proposals that guide the direction of the organization. Use cases include virtually anything that requires governance: software projects, protocols, gaming guilds, homeowners associations, companies, NGOs, etc.

An advantage of a DAO is that it can bring software-driven governance systems to organizations that either lacked transparent, consistent or easy-to-implement governance before.

Further Exploration

• Decentralized Autonomous Organizations (DAOs), a video from Stanford.

• DAOs — the New Frontier in Coordination, a comprehensive report and survey of DAOs, practices and creators.

• Blockchain Governance, Coin Bureau, many aspects including relationship to digital identity, quadratic funding, lockups, etc.