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Panel discussion: Deep diving into DAOs
ETHTokyoSep 21, 2024
Discussing the current state and future of DAOs. The video features a discussion on Decentralized Autonomous Organizations (DAOs), their nature, opportunities, and the experiences of two individuals deeply involved in the space. Kazi, an organizer of a DAO-themed hackathon and contributor to a known DAO, shares insights into what DAOs mean to him and their uniqueness in preserving on-chain community activities. Chogo, a developer focused on smart contracts, discusses how DAOs can be applied to real-life communities and projects he's worked on. They explore various definitions of DAOs, including their key components like treasuries and voting mechanisms. The conversation also touches on Bitcoin's relationship with DAO principles and the potential for non-monetary incentive structures within DAO communities. They delve into the technical aspects of smart contracts and how they're essential to DAO functionality. The video also discusses the application of DAOs in business settings, local governance, and cultural preservation, highlighting real-world examples and potential impacts on societal issues like population decline. Fundamental steps for starting a DAO are also briefly covered for those new to the space.