What Is A DAO? Will They Be The Future Of Business? | Mike Walsh | Futurist Keynote Speaker

What is a DAO? Simply put, DAOs or Decentralized Autonomous Organizations are community entities with distributed decision-making processes. Think of it like a digital community with a common bank account. DAOs have been created to buy NFTs, fast food restaurants, rare cultural artifacts and even an original copy of the US constitution. However, DAOs are more than just curious blockchain projects - their innovative utilization of smart contracts and governance protocols may represent a bold new future for more business processes and even the operating models for more traditional organizations, charities or political action groups.

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