Decentralization vs. Democratization in DAOs and Examples of Different DAO Applications

In this episode of the Cohere podcast, Bill Johnston and Dr. Lauren Vargas discuss the early promise (and obvious issues) with DAOs (Distributed Autonomous Organizations). Bill and Lauren have an in-depth discussion to try and separate the value and future utility of the DAO model vs. the current hype.  DAOs have been described as "digital flash mobs with money" by Raihan Anwar, manager of the Friends with Benefits DAO, and a "virtual entity that has a certain set of members or shareholders who have the right to spend the entity's funds and modify its code" by Vitalik Buterin, Founder of Ethereum. Bill and Lauren explore:  The definition of DAO Current examples and use cases The components, or key moving parts of a DAO What questions remain about DAOs? Resources from this episode: