Decentralized Autonomous Organizations: What Makes DAOs New?

The largest DAOs currently account for $12B in treasury funds, managed by roughly 1.7m voters – and that’s only what’s being recorded on-chain. These decentralized organizations are becoming increasingly consequential, yet the true size of the rapidly growing DAO ecosystem is difficult to measure.Why? Because most DAOs are burgeoning communities that have not yet shifted their treasuries, governance processes, and other activities onto a blockchain network. And yet DAOs are increasingly changing everything about how we organize people and resources, from high school and chess clubs to international governments and everything in between. Anyone who wants to organize people and resources in the future will be asking themselves whether they want to do it the old way or through a DAO, so if you want to know which way the wind is blowing then tune in today.