15 ways the world is being transformed by DAOs

It’s difficult to understand just how revolutionary Decentralized Autonomous Organizations (DAOs) are unless you’ve attempted to navigate financial regulation, set up a payroll or establish a charity. The latter can take years and involve recruiting trustees, choosing an organizational structure, writing a governing document and getting approval from the national Charity Commission with supporting documents and proof of income. In contrast, a fully-operational Aragon DAO with a transparent treasury and direct democracy of all members is a sovereign digital jurisdiction, which can be funding projects within 5 minutes.