DAOs need a new name. Either that, or we need to call them a “dao” instead of a “d.a.o.” and forget that the letters stand for anything. Otherwise, people will keep saying things like “that’s not really a DAO, it’s not decentralized enough.” Or perhaps we can still use DAO, but need a broader catch-all term for any groups with 1) organizational structures that are programmed in, and 2) who primarily transact in crypto (large or small, oligarchy or democracy, simple or complex). For the purpos...