DAOs are communities with a shared bank account; they’re part of the ownership economy. While NFTs provide ownership for creators, DAOs provide governance. DAOs are decentralized communities; they work toward a specific goal with no hierarchy and token-based decision-making. DAOs (Decentralized Autonomous Organizations) caught attention when an organization known as ConstitutionDAO, made up of 17,437 people formed a “flash mob” to raise almost $40 million to acquire an authentic copy of the U...