What can a DAO do?

Oh the wonderful things that a DAO can do! It can moo like a cow, moo moo. No, hang on, that's a Dr. Seuss book. The thing is, a lot of DAO use cases are probably better served by a multi-signature wallet than a DAO. But there are some where providing the ability for a diverse and unconnected group of people to vote on a regular or semi-regular basis as to how assets should be dispersed, is of value. Furthermore, DAO's can be given extra powers by connecting or chaining them to other smart contracts. In this episode I present the example of a DEX being controlled by a DAO, but I'm sure there are plenty more. In fact, I've thought of a couple just while writing this. But the key is, you have to think about that diverse and unconnected group being provided with the means to coordinate in a meaningful manner. Which is kind of what corporations do, when looked at from the administrative and legal angle. Anyway, it's only a short episode, so go listen to it.