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Thanks that's helpful context. So what you're saying is ultimately DAOs are about governance of traditional entities. So if there isn't a traditional entity at

Thanks that's helpful context. So what you're saying is ultimately DAOs are about governance of traditional entities. So if there isn't a traditional entity at the top yet, it needs to be on the roadmap or the whole thing is a bunch of puffery. I've seen a bunch of DAO concepts that are fundamentally "hey let's make currencies and securities". It's like "uh, remember all the ICO stuff? that didn't work". Excited to see examples of DAOs that do connect to augment traditional governance structures.

iskander 5y ago
I think a few DAOs are so divorced from physical concerns that they can remain on the internet and direct resources there without needing a corporate shell. But, as soon as money flows into the real world, they will need to figure out how to create and interface with traditional entities, or...like you said, it's very ICO-like.