I see... so a DAO is corporation where shareholders are in charge of managing the company. It has no professional management, instead it's all managed by the s

I see... so a DAO is corporation where shareholders are in charge of managing the company. It has no professional management, instead it's all managed by the shareholders democratically. If this is it, DAOs are probably a bad idea in most circumstances. There are good reasons why management is separated from ownership in modern corporations.