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by WorldMaker 1332 days ago
I don't think a DAO is just cryptocurrency adjacent. A DAO is entirely about trading traditional, well known, corporate structures (boards, shares, Robert's Rules, ballot voting) and replacing them all with cryptocurrency structures (NFT token holders, NFT tokens, "Smart" Contracts, more "Smart" Contracts). There is no DAO without cryptocurrency. There's no token trading or smart contract operations without trading in whatever cryptocoins underpin their DAO's platform of choice. If you think all cryptocoins are a scam to shill in one way or another, there's no DAO operations at all without shilling at least one scam cryptocoin (and usually there's more than one involved on every current platform that supports "smart" contracts).

Meanwhile there are existing open-source foundations and conservancies that operate just fine as traditional (not-for-profit) corporations and no need for a DAO or any cryptocurrencies for community governance.