I love to think about the chaos this is going to cause within the traditional corporate structure. Today we pay the CxO huge sums of money to make the right decisions on befall of the organization; tomorrow that risk will be diversified. To me DAOs are all about a streamlined way of making the right decision more often and collectively sharing in the results of those decisions (positive on negative).
We are starting to see decision making within DAOs be segmented by committee (with a specialty and focus). Expect the functional division and decision making structure to continue to move closer to a normal corporate org chart.
This is a great and quick synopsis. I think I recall that you are a lawyer by trade. How feasible do you think DAO's will be in the near term for syndicated real estate investment? Is there a place for DAO's to own physical assets?
It is feasible now for a DAO to own (or at least control) any tokenized asset. So if your physical asset is represented by a token, then sure! Physical assets aren't as straightforward, but we'll get there soon.
I love to think about the chaos this is going to cause within the traditional corporate structure. Today we pay the CxO huge sums of money to make the right decisions on befall of the organization; tomorrow that risk will be diversified. To me DAOs are all about a streamlined way of making the right decision more often and collectively sharing in the results of those decisions (positive on negative).
We are starting to see decision making within DAOs be segmented by committee (with a specialty and focus). Expect the functional division and decision making structure to continue to move closer to a normal corporate org chart.
This is a great and quick synopsis. I think I recall that you are a lawyer by trade. How feasible do you think DAO's will be in the near term for syndicated real estate investment? Is there a place for DAO's to own physical assets?
It is feasible now for a DAO to own (or at least control) any tokenized asset. So if your physical asset is represented by a token, then sure! Physical assets aren't as straightforward, but we'll get there soon.