2min chapter

Crypto Critics' Corner cover image

The Complex History and Weird Transition of DAOs (Decentralized Autonomous Organizations)

Crypto Critics' Corner

CHAPTER

Doo Tokens - Is Decentralization a Good Idea?

Dows and such claim that, like kick starter, indy gogo and patrion, are centralized mechanisms that take cream from the top. "Almost always, people who claim that black chains or decentralization are going to save you money are lying," he says. There is value in decentralization, but almost always that value comes with a very meaningful cost.

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