FEARLESS MEDIA: The Future Of Entertainment, Media & Tech cover image

Web3, The Metaverse & Where Society Goes From Here: Interview with Galaxy Interactive's Sam Englebardt

FEARLESS MEDIA: The Future Of Entertainment, Media & Tech

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Exploring Immersive Worlds and the Role of NFTs in DAOs

This chapter explores the concept of immersive worlds and the shift from games to activities within these worlds. It also delves into the distinction between non-fungible tokens (NFTs) and decentralized autonomous organizations (DAOs), highlighting how they intersect and differ from each other. The discussion further examines how DAOs are utilizing NFTs to organize and build collections, as well as the role of NFTs in representing membership within specific communities. Ultimately, the chapter emphasizes that DAOs are an evolution of traditional organizations, providing a web three native decentralized approach to governance.

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