Decentralized Autonomous Organizations (DAO) are becoming increasingly popular within the Web3 space but are they set to revolutionize politics as well as economics? DAOs are commonly used within the DeFi space to run a project in a truly decentralized manner.
However, this may not be the most promising use case for DAOs and, ultimately, blockchain voting-based governance.
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Source: https://cryptoslate.com/are-daos-an-existential-threat-to-politicians-worldwide/