Decentralized Autonomous Organizations, otherwise known as DAOs, could be the next hot sector in the crypto world after ICOs, DeFi, meme coins, and NFTs. And personally I’m super excited about DAOs because they are programmable organizations for people. And they are super flexible and have a ton of use cases, legitimate signs of early traction, and I believe we’ll see more and more crypto projects and companies in general evolve to become DAOs. In this video I want to explore this unique sector and why I think it has massive opportunity!
DAOs stats: https://deepdao.io/#/deepdao/dashboard
Timestamps:
0:00 Intro
0:34 Why this is an opportunity
1:44 What are DAOs
2:37 Example of how a DAO works
3:03 DAOs have tokens!
4:00 How DAOs fit in crypto
4:28 Benefits of DAOs
5:55 Some drawbacks
6:55 4 Types of DAOs
9:46 Are DAOs a Million Dollar opportunity?
11:25 My DAO picks
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