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Orange DAO: Transparency and the Open
In most DAO frameworks, like Molok, part of the challenge is everybody is the same hierarchy. Unlike a company where the assumption is that the information is secret, in a DAO, the assumption is made that the information must be available to the rest of the DAO if not fully public. One member could expose all of the members to various liabilities that they may or may not be aware of. And so you immediately end up with, okay, we need some sort of representative democracy, right? We need people who are actually that we have explicitly trusted to serve the DAO's best interest.