Evaluating decentralized autonomous organization governance for businesses

By Alex Davis (October 12, 2022, 1:42 PM EDT) -- Decentralized autonomous organizations (DAOs) have emerged as the preferred organizational structure for web3 enterprises that utilize blockchain technologies and digital assets as part of their service offerings. This is significant as DAOs are becoming some of the largest allocators of capital in the web3 space. According to DAO analytics provider DeepDAO, at the time of writing, the 220 largest DAOs have over US$9 billion in assets under their control. DAOs have been embraced by members of the web3 movement as they have enabled the “decentralization” of governance and have the potential to organize projects and businesses innovatively....