- Crypto / Web3
- DAO / Community
A concise look at the centralization problem within DAOs
DAOs are not without flaws however, chief among them is the plutocratic problem - caused by the concentration of majority tokens in the hands of a small group of people who drive the collective decision-making of the whole community for better or worse. This essay looks at the dimensions of the centralization problem within DAOs from different angles.
Name - AdedamolaXL Role - Web3 Researcher