2022/01/25

DAOs Face Two Major Issues, According to Alex Hearn

“In the real world, DAOs have hit two major problems. The first is that coding is hard, and the second is that most things you would actually want to do in the world today still don’t exist on the blockchain.”
– TechScape columnist Alex Hearn, on DAOs’ stumbling blocks. While cynical (“they are a perfect vehicle for newly minted millionaires … to throw their influence into the real world”), Hearn concedes decentralized autonomous organizations will capture the public imagination in the coming months.
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