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71 - The Bull Case For Ethereum II | DC Investor, Anthony Sassano, Cyrus Younessi

Bankless

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The Rise and Impact of DAOs in Ethereum

This chapter explores the emergence and evolution of Decentralized Autonomous Organizations (DAOs) within the Ethereum ecosystem, emphasizing their potential to function similarly to traditional business entities. It contrasts on-chain DAOs with off-chain social entities like those in Discord, while addressing the challenges they face and the lessons learned through experimentation. The discussion also highlights the bullish sentiment around Ethereum as a central asset for DAOs, envisioning a decentralized economy with new stable alternatives to traditional fiat currencies.

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