[bisq-network/growth] Blog topic: the Bisq DAO as an evolution of the social organization (#97)
notifications at github.com
Mon Feb 4 17:52:58 UTC 2019
A vastly underrated factor in the dramatic economic growth, innovation, and resulting lifestyle improvements of the past ~200 years has been the limited liability corporation.
While this legal entity has (and will continue) to power great things, it has limitations.
The Bisq DAO is a model for a new paradigm that enables initiatives to proliferate independent of the state (no state/political approval needed), fueled by the activity of anyone who chooses to participate (no boss/office politics approval needed), where the cycle of funding and market validation flows directly from consumers to producers (no investor approval/social politics needed).
We should be careful not to suggest this as a 'successor' to the corporation, but rather as a new model that fixes some elements of other models, that may make sense in some applications.
[Vitalik Buterin's essay on DAOs](https://blog.ethereum.org/2014/05/06/daos-dacs-das-and-more-an-incomplete-terminology-guide/) from a while ago might be a good reference, along with some high-level history of the corporation.
You are receiving this because you are subscribed to this thread.
Reply to this email directly or view it on GitHub:
-------------- next part --------------
An HTML attachment was scrubbed...
More information about the bisq-github