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What advantages does the DAO offer over a regular fund for investors? It looks like you get less regulartion and legal weight if things go wrong...am I missing
by brador 10y ago
What advantages does the DAO offer over a regular fund for investors?
It looks like you get less regulartion and legal weight if things go wrong...am I missing something?
- dimino 10y agoLower overhead if things go right, I think is the point.
- ilaksh 10y agoIts transparent and everyone can vote. So its like being able to read over all contracts and investment strategies that a fund manager is considering ahead of time and voting whether you want to be part of it. Then you can see every single transaction the 'fund manager' makes. If you understand how Wall St. works then the question becomes 'why does anyone use regular funds'.
- dpc59 10y agoPeople use regular funds because they want their capital to grow without having to think or work.