4min chapter

The Blockchain Socialist cover image

OTNS: DAOs and Decentralized Mafias

The Blockchain Socialist

CHAPTER

The Values of Blockchain DAOs

Blockchain technologies are enabling entities or collectives to operate in a much more self-souvering manner without depending on existing corporations, servers, or like in fact, server controlled by nation states. I think it would be really hard to have a conversation about network states if DAOs weren't already somewhat commonplace and blockchains didn't exist. The benefit of the blockchain there is obviously, you know, transparency. It's easier to build trust with the other members of the organization when somebody can't necessarily unilaterally go and change the rules. And then there's the monetary aspect as well, which allows you to raise money, spend money, do public goods funding for yourDAO or eventually network

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