# Why DAOs Matter

- Channel: [European Blockchain Convention](https://streameth.org/european-blockchain-convention)
- Date: 2022-10-09
- Duration: 46:07
- Topics: European Blockchain Convention, ebcTALKS, Blockchain, DAOS, Alien Worlds, DIA, Protocol Labs, Dapp List
- Watch: https://streameth.org/watch/yt-WJ86qPaBLBs
- YouTube: https://www.youtube.com/watch?v=WJ86qPaBLBs

## Description

DAOs are powerful because they create incentives and a sound framework for thousands of people to organize without the need for formal roles or hierarchy. As a result, open source projects are able to scale their operations much more quickly than a traditionally governed organizations like NGOs or companies. DAOs are the internet-native way to manage projects: open, permissionless, and decentralized.

Speakers:
- Max Infeld, Community Member, Alien Worlds
- Paul Claudius, Co-founder, DIA
- Alfonso de la Rocha, Research Engineer, Protocol Labs
- Nirbhik Jangid, Founder, The Dapp List