Are DAO's DOA?

Betteridge’s law aside, DAOs have been around for nearly as long as you could code on the blockchain (which, I guess, hasn’t been that long). In fact one just called “The DAO”, and its associated hack, was one of the defining events of early crypto.DAOs are decentralized organizations that you participate in by voting with a governance token that you own and stake.But, this is crypto, and everything is an asset. That includes not just your token, but also your vote. So, what if you sold it?In this episode, we explore the consequences of the vote delegation market, where voting power in DAO governance is bought and sold.Board positions. Community fund disbursements. Protocol updates. All for sale - but what’s the price?A wise man once said show me the incentive, and I'll show you the outcome. It’s not always quite that simple, but crypto sure gets close.