DAOs and Decentralized Governance

DAOs – or decentralized autonomous organizations – have the potential to revolutionize governance. Instead of a board of directors setting the rules and a collection of employees carrying out all the normal functions of a business, you have a string of smart contracts executing on pre-programmed terms. But what exactly is a DAO, and how does it operate? This session will explore the nature, structure, and operation of DAOs, the role DAOs play in Web3, and whether DAOs could replace traditional company boards.