The Coming InDAOstrial Revolution

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The Coming InDAOstrial Revolution
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'Wouldn’t it be wild if DAOs are what eventually gets us health care for all?' Consensus2022 speaker AlmostMedia considers the long-term implications of decentralized autonomous organizations.

Defined as organizations managed by votes on a blockchain, DAOs offer us a shift toward open and inclusionary legal entities for marshaling resources and energy across massively dispersed groups, raising the question: Could we be at the beginning of a multi-decade inDAOstrial revolution?

According to the"Brief History of the Corporate Form and Why It Matters" published by Fordham University’s School of Law,“Notable ‘joint-stock’ companies, such as the Virginia Company, helped expand British control of North America. In fact, the Virginia Company established the General Assembly, which was the first legislature in North America.”

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