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This is also my understanding of a DAO as a method of parceling out work and rewarding those who complete it. The overall value derived from all work within th
by jimmySixDOF 5y ago
This is also my understanding of a DAO as a method of parceling out work and rewarding those who complete it. The overall value derived from all work within the community backs up the value of the reward offered. This is a "Sweat Equity" or perhaps "Sweat Debt" use of the DAO concept and has an appeal to small unfunded startup type initiatives who have an idea and clear work objectives but don't have deep pockets to reward talent at the outset. In this light I find DAOs to be a potential game changer.