Updated 631 days ago

DeGov MODEL

A concise look at the centralization problem within DAOs

  • Crypto / Web3
  • Ethereum
  • DAO / Community

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.