Crypto Watch column | The way of the DAO could be the future of work

Fifth column

This is first published in the Business Times.

What exactly is a DAO? It's been called a "crypto co-op" and is often associated with crowdfunding. In fact, any loose form of organisation that is decentralised and autonomous can be called a DAO.

In the simplest format, a multi-signature wallet that manages community treasuries can be a DAO; a chat group that manages community communications can be a DAO.

Could such a decentralised structure potentially function as an effective way to attract a large number of followers, efficiently organise resources, incentivise talent?

The article continues on medium.

Like the article? Read the rest of the Crypto Watch Column here.

Edited by: Elise Tan and Milton Ng

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