The first generation of DAOs are taking a decentralized and somewhat automated approach to achieving objectives that I think traditional firms also have wanted to achieve. But what will be interesting is to see the net new ways, the net new use cases that will emerge out of this kind of like primordial goo of innovation and experimentation. There are definitely examples where running something like a DAO has financial benefit in the traditional sense that we think about it right now. We're starting to seek glimpses of that, like Constitution DAO that Anthony mentioned or Nouns.

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