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RE: Why It Is Time To Take DAOs Seriously

in LeoFinance4 years ago

I think the second layer on Hive will be always centalized as those communities have leaders making decisions on development. Imagine if they were left to their own devices as the communities are way too small in most cases. Possibly in 5 years time if there are enough developers spread out this could be possible but think of Leofinance. They have so many developers onboard working behind the scenes which is a huge positive and should not be seen as a negative in any form.

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Well it depends upon how automated they are.

For example, how about an automated traded application that is there to share the proceeds with those on Hive (similar to the HBD stabilizer). That could trade off chain tokens and feed the profits back to HIVE holders.

That is something that could be set up as a DAO.

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