[brador]

What advantages does the DAO offer over a regular fund for investors?

It looks like you get less regulartion and legal weight if things go wrong...am I missing something?

[ilaksh]

Its transparent and everyone can vote. So its like being able to read over all contracts and investment strategies that a fund manager is considering ahead of time and voting whether you want to be part of it. Then you can see every single transaction the 'fund manager' makes.

If you understand how Wall St. works then the question becomes 'why does anyone use regular funds'.

[dpc59]

People use regular funds because they want their capital to grow without having to think or work.

[dimino]

Lower overhead if things go right, I think is the point.