Globe99
· 3w
Yes, DAOs were supposed to be unstoppable "companies" that lived on the Blockchain and coordinated economic activity among multiple independent actors in a way that was impossible for States to contro...
I still follow various DAO projects, particularly in DeSci -- stuff like CryoDAO, ResearchHub, etc -- but these are difficult to call "DAO's" in what I understand to be the original meaning of that term. Really more of just "treasuries that live on Ethereum contracts."
The actual decision-making function, and therefore legal liability, still live with actual people running companies or 501c3's or whatever.