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Griff Green and the DAO | Layer Zero

Bankless

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The Evolution and Challenges of DAOs

This chapter explores the conceptual development of Decentralized Autonomous Organizations (DAOs), highlighting their governance structures and early intentions for universal sharing. It discusses the transition in perception from economic entities to corporate structures, alongside the complexities experienced during the DAO's launch and subsequent vulnerabilities. The conversation also reflects on the transformative potential of DAOs in reshaping governance and economic models, while addressing the significant risks involved.

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