From Spice DAO to DAO Definition and Operational ArchitectureLast November, an online group called Spice DAO purchased a copy of Alejandro Jodorowsky's Dune, a "director's bible." Dune is a 1970s film adaptation that became famous for its unsuccessful release. The Spice DAO paid nearly $3 million at the auction, roughly 100 times the book’s estimated price. DAO stands for "Decentralized Autonomous Organization," an increasingly popular term in the cryptocurrency world, referring to ...