Welcome to The New Economy – March 21, 2023 – presented by Joel Flynn.
Decentralized Autonomous Organizations, or DAOs, have long been celebrated by crypto enthusiasts as a fool-proof way of ensuring decentralization and autonomous governance within a blockchain.
DAOs have been around for a while now, with the very first, simply called “The DAO”, formed in 2016. But, enthusiasm for these decentralized organizations has died down as of late.
Join us in this episode of The New Economy as we take a closer look at why the hype for DAOs has died down and how they could transform governance in the long run.