How to Do Business as a DAO

How to Do Business as a DAO
Every organization, of any kind, is organized in some way. So-called decentralized autonomous organizations (DAOs) are a new and different kind of organization: a collaboration among people in which members’ ownership, management and control are automated based on software.Corporations are organized under the laws of a specific jurisdiction and require human involvement in their governance. DAOs, however, operate under a transparent set of software protocols – a pre-agreed set of governance rules, maintained and executed on a blockchain – that allow a distributed group of individuals or entities to self-govern. As a result, a DAO can function on a distributed…