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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
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This piece from Spencer Graham may go down as one of the most foundational pieces to understanding why DAOs are a truly revolutionary form of organization. He begins with the premise that "governance capture" has become a fact of life, and concludes with DAOs as a potential solution: "A DAO is a network of agents who share common purpose, and are the only ones who hold the power to execute actions that manage a set of shared resources.
This piece from Spencer Graham may go down as one of the most foundational pieces to understanding why DAOs are a truly revolutionary form of organization. He begins with the premise that "governance capture" has become a fact of life, and concludes with DAOs as a potential solution: "A DAO is a network of agents who share common purpose, and are the only ones who hold the power to execute actions that manage a set of shared resources.
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