If you are considering creating a decentralized autonomous organization (DAO), listen to this episode first! In it, I debunk some common misconceptions about decentralized autonomous organizations (DAOs) by sharing some of the most common use cases, governance models, and my honest opinion on whether or not it’s worth it to create one! 

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Today’s episode:

• [00:38] An overview of the focus of today’s episode (and why this topic is particularly relevant right now). 
• [02:11] Providing a governance structure: a common use case for a decentralized autonomous organization (DAO).
• [02:56] Examples of some of the most successful DAOs.  
• [04:12] How DAOs can be used for crowdfunding and pooled investments. 
• [05:09] DAO hackings that have taken place in recent years. 
• [06:10] The role that DAOs can play in terms of decision-making around decentralized apps. 
• [07:23] How DAOs can enhance community engagement and activism.
• [08:42] Exploring some of the most common issues with DAOs. 
• [13:38] Reasons that founders give for creating a DAO.
• [16:23] The most popular governance models used by DAOs.  
• [18:04] My honest opinion on creating a DAO. 

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