13 lines
1.1 KiB
Markdown
13 lines
1.1 KiB
Markdown
# Conflation of DAO with decentralized organizing (and workplace democracy)
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This is a classic category error confusing "structure" with "practice".
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## Examples
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[Overview of Decentralized Autonomous Organization (DAO)](https://mirror.xyz/0xd8159c4DD43FEe99FA86D0BAaCA7a9cC33334864/9_OrgL3oSGZrRn90NsnSOmzB8XvxBgR1Lsu_yqo2MYU) (2020 on medium: https://medium.com/iosg-ventures/overview-of-decentralized-autonomous-organization-dao-f9ac47051d07)
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> We envision a world in which **all systems, management, charters, and performance bonus are written into smart contracts and stored in the blockchain in an enterprise.** Connect all the individuals and organizations in the house through smart contracts. We no longer need roles such as CEO, CFO, CTO, and our members are all over the world, we don’t even need offices, we don’t have utilities, nor going to pay for water and electricity. All choices and governance will be adopted through rules and incentives, we can avoid relying on the central authority or person, which can also greatly reduce the risk of fraud.
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